Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE VICE CHAIRMAN

Issuer & Securities

Issuer/ Manager
PSL HOLDINGS LIMITED
Securities
PSL HOLDINGS LTD - SG2C18961723 - L6T

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2014 20:33:06
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE VICE CHAIRMAN
Announcement Reference
SG140428OTHRBNKM
Submitted By (Co./ Ind. Name)
Tang Yew Quan
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Vice Chairman

Additional Details

Name Of Person
Lim Bok Hoo
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2014
Detailed Reason (s) for cessation
Mr Lim Bok Hoo is retired by rotation pursuant to Article 89 of the Company's Articles of Association at the Company's Annual General Meeting held on 28 April 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
22/02/2012
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Vice Chairman
Role and responsibilities
To perform the functions of non-executive director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
2,000,000 ordinary shares (deemed interest)
Past (for the last 5 years)
Century Strategy Group Pte. Ltd., Business Continuum Solutions Pte. Ltd., New Generation Live Stage Pte. Ltd., Sino Strong Entertainment Pte. Ltd.
Present
Triple Gain Pte. Ltd., Just One World Pte. Ltd., Fook Weng Seafood Restaurant Pte. Ltd., RES Holdings Pte. Ltd.