Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
VIBROPOWER CORPORATION LIMITED
Securities
VIBROPOWER CORPORATION LIMITED - SG1J10885650 - 535
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2015 18:14:31
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG150428OTHRCUX8
Submitted By (Co./ Ind. Name)
Mr Benedict Chen Onn Meng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of VibroPower Corporation Limited ("the Company") wishes to announce the retirement of Mr Michael Kan Yuet Yun ("Mr Kan") as a Director of the Company at the Annual General Meeting duly held on 28 April 2015.

The Board of Directors express their appreciation to Mr Kan for his contributions to the Company during his term of office.

Additional Details

Name Of Person
Michael Kan Yuet Yun
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2015
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
22/08/2000
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, AC Chairman, NC Chairman, RC Member
Role and responsibilities
Independent Director
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?
Yes
Shareholding Details
150,000 ordinary shares in VibroPower Corporation Limited
Past (for the last 5 years)
VibroPower Corporation Limited
Plato Capital Limited
Present
Plato Capital Limited