Change - Announcement of Cessation::Cessation of Executive Chairman and Executive Director

Issuer & Securities

Issuer/ Manager
CRAFT PRINT INTERNATIONAL LIMITED.
Securities
CRAFT PRINT INTERNATIONAL LTD - SG1I02877971 - 541
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Sep-2014 22:14:24
Status
New
Announcement Sub Title
Cessation of Executive Chairman and Executive Director
Announcement Reference
SG140925OTHRWOSU
Submitted By (Co./ Ind. Name)
Yeo Poh Noi Caroline
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Chairman and Executive Director


Note:

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Ng Joo Khin:
Tel: 6389 3000 Email: jookhin.ng@stamfordlaw.com.sg

Additional Details

Name Of Person
Ong Kwee Cheng
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
25/09/2014
Detailed Reason (s) for cessation
Retirement following the completion of the bonds issue and the placement issue on 25 September 2014.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
04/09/1975
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director since 4 September 1975 and Executive Chairman since the listing of the Company on 20 January 2000.
Role and responsibilities
Overseeing the Company's finance, administration and personnel functions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Spouse of Chan Charlie, a Director and substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest of 19,151,359 shares and deemed interest of 96,488,896 shares in the capital of the Company.
Past (for the last 5 years)
Nil
Present
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