Change - Announcement of Cessation::CESSATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
MANHATTAN RESOURCES LIMITED
Securities
MANHATTAN RESOURCES LIMITED - SG1I14879601 - L02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Apr-2016 00:23:09
Status
New
Announcement Sub Title
CESSATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER
Announcement Reference
SG160414OTHRDJCX
Submitted By (Co./ Ind. Name)
MADELYN KWANG
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CESSATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

Additional Details

Name Of Person
CHOO HSUN YANG
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2016
Detailed Reason (s) for cessation
Mr Choo has decided not to stand for re-election as director as he wishes to pursue other interests.

He will also step down as Chief Financial Officer with effect from 29 April 2016.
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
26/07/2011
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Appointed as an ID on 26 July 2011 and relinquished his appt on 16 May 2013. Redesignated as an ED on 23 May 2013 and appointed as CFO on 1 July 2013.
Role and responsibilities
Mr Choo oversees the overall financial activities of the Group.
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)
InfoComm Asia Holdings Pte. Ltd.
Present
Imperium.sg Pte. Ltd.
SLM Holding Pte Ltd
DLM Marine Pte Ltd
MR Logistics Pte. Ltd.
Kaltim Alpha Shipping Pte. Ltd.
Epsilon Shipping Pte. Ltd.