Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ECOWISE HOLDINGS LIMITED
Securities
ECOWISE HOLDINGS LIMITED - SG1N88910129 - 5CT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2017 19:53:29
Status
New
Announcement Sub Title
RETIREMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG170228OTHR5YXA
Submitted By (Co./ Ind. Name)
LEE THIAM SENG
Designation
EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Company's 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 document, 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
Telephone number: (65) 6389 3000
Email address: bernard.lui@morganlewis.com

Additional Details

Name Of Person
LOW KIAN BENG
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2017
Detailed Reason (s) for cessation
Retirement
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
01/01/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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.)
Executive Director and Group Deputy CEO
Role and responsibilities
Mr. Low is responsible for the overall management of the operations of the Group, corporate planning as well as charting and implementation of the business strategies.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
6,250,000
Past (for the last 5 years)
1) Chongqing ecoWise Investment Management Co., Ltd.
2) Wuhan ecoWise Energy Co., Ltd.
3) Changyi Enersave Biomass to Energy Co., Ltd.
4) Hivern Investments Pte. Ltd.
5) ecoWise Energy Pte. Ltd.
Present
1) Bee Joo Industries Pte Ltd
2) Bee Joo Environmental Pte. Ltd.
3) Ecowise International Pte. Ltd.
4) Ecowise Resources Pte. Ltd.
5) Ecowise Marina Power Pte. Ltd.
6) Ecowise Rubbertech Pte. Ltd.
7) Ecowise Solutions Pte. Ltd.
8) Ecowise Ventures Pte. Ltd.
9) Ecowise Technologists and Engineers Pte. Ltd.
10) Ecowise New Energy Pte. Ltd.
11) Sunrich Resources Sdn. Bhd.
12) Sunrich Marketing Sdn. Bhd.
13) Sunrich Integrated Sdn. Bhd.
14) Autoways Industries Sdn. Bhd.
15) Ecogreen Products and Services Sdn. Bhd.
16) Winner Suntex Sdn. Bhd.
17) Sun Rubber Industry Sdn. Bhd.
18) Trakar Suntex Sdn. Bhd.
19) Sunrich Global Marketing Sdn. Bhd.
20) Sunrich Tyre and Auto Products Sdn. Bhd.
21) Gulf Rubber (M) Sdn. Bhd.
22) Saiko Rubber (Malaysia) Sdn. Bhd.
23) Gulf Rubber Suntex Sdn. Bhd.
24) Sun Tyre Industries Sdn. Bhd.
25) Medi.Kind International Pte. Ltd.
26) Geocycle Singapore Pte. Ltd.