Change - Announcement of Cessation::RESIGNATION OF AN INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
TRANSCORP HOLDINGS LIMITED
Securities
TRANSCORP HOLDINGS LIMITED - SG1J09885596 - T19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Dec-2015 22:42:09
Status
New
Announcement Sub Title
RESIGNATION OF AN INDEPENDENT DIRECTOR
Announcement Reference
SG151208OTHRXS5O
Submitted By (Co./ Ind. Name)
Ainsley Jong
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Andrew Chua Thiam Chwee as an Independent Director of the Company.

The announcement was prepared based on the information known to the Company and its contents have not been reviewed and confirmed by Mr Andrew Chua Thiam Chwee, and that the Company is in the midst of obtaining confirmation from him.

This announcement was prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST 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 Bernard Lui
Tel: 6389 3000
Email: bernard.lui@stamfordlaw.com.sg

Additional Details

Name Of Person
Andrew Chua Thiam Chwee
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
07/12/2015
Detailed Reason (s) for cessation
Heavy work commitment.
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
23/11/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
8
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and member of the Audit, Nominating and Remuneration Committees
Role and responsibilities
Non-executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
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