Change - Announcement of Cessation::Resignation of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
DISA LIMITED
Securities
DISA LIMITED - SG0532000247 - 532
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Dec-2019 21:31:41
Status
New
Announcement Sub Title
Resignation of Non-Executive and Independent Director
Announcement Reference
SG191205OTHRK5ES
Submitted By (Co./ Ind. Name)
Noraini Latiff
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited ("Sponsor").This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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. Ong Hwee Li (Registered Professional, SAC Capital Private Limited). Address: 1 Robinson Road, #21-00 AIA Tower, Singapore 048542. Telephone number: +65 6232 3210.

Additional Details

Name Of Person
Thia Peng Heok George ("Mr. Thia")
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
05/12/2019
Detailed Reason (s) for cessation
Not accustomed to the manner and process in which the Company's Board discuss, deliberate and decide on fundamental corporate issues.

The Sponsor, after having interviewed Mr Thia, is satisfied that other than as disclosed in the announcement, there is no other reason for the resignation of Mr Thia.
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
01/11/2019
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Member of the Audit and Risks Management Committee
Role and responsibilities
Appointment is non-executive
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?
No
Past (for the last 5 years)
Phoenix Capital Private Limited (Deregistered 2015)
Present
Yoma Strategic Holdings Ltd
CH Offshore Ltd
Asiainc Private Limited
Thia Holdings Private Limited
Singapore Institute of Management Group Limited