Change - Announcement of Cessation::RESIGNATION OF ID/CESSATION OF CHAIRMAN OF RC AND ESOS COMMITTEE, AND A MEMBER OF AC AND NC

Issuer & Securities

Issuer/ Manager
ABTERRA LTD.
Securities
ABTERRA LTD - SG2C12961455 - L5I
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jan-2016 20:39:55
Status
New
Announcement Sub Title
RESIGNATION OF ID/CESSATION OF CHAIRMAN OF RC AND ESOS COMMITTEE, AND A MEMBER OF AC AND NC
Announcement Reference
SG160128OTHRF76F
Submitted By (Co./ Ind. Name)
LAU YU
Designation
DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF INDEPENDENT DIRECTOR/CESSATION OF CHAIRMAN OF REMUNERATION COMMITTEE AND EMPLOYEE SHARE OPTION SCHEME COMMITTEE, AND A MEMBER OF AUDIT COMMITTEE AND NOMINATING COMMITTEE.

Additional Details

Name Of Person
CHEW BAN CHUAN VICTOR MARK
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
27/01/2016
Detailed Reason (s) for cessation
His new work assignments and commitments require him to travel overseas extensively and to develop new businesses.
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
20/05/2004
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)
0
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.)
Independent Director, Chairman of RC and ESOS Committee, and a member of AC and NC.
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N.A.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Alive Community Academy Pte Ltd
Enviro-Metals Pte Ltd
Cimelia Resource Recovery Pte Ltd
HLS Electronics Pte Ltd
Leong Hin Cranes Pte Ltd (in Liquidation)
Present
J Worthing Pte Ltd
Alive Community Enterprise Pte Ltd