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

Issuer & Securities

Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1087 - X27

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-May-2014 18:03:28
Status
New
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Director
Announcement Reference
SG140519OTHRBT42
Submitted By (Co./ Ind. Name)
Tan Min-Li
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The resignation of Mr Koh Siak Khee as a Non-Executive, Non-Independent and Deputy Chairman of the Company with immediate effect.

Additional Details

Name Of Person
Koh Siak Khee
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
19/05/2014
Detailed Reason (s) for cessation
Personal reason.
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
03/11/2007
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive 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?
No
Past (for the last 5 years)
Inaba Pte. Ltd.; Winfull Capital Pte. Ltd.; Seietsu Investment (Private Limited); Lilycot Investments Pte. Ltd.; KKEI Private Limited; Dragon Labs Pte. Ltd.; Ohara Asia Pte. Ltd.
Present
Circles International Solutions Pte. Limited; East Gate Capital Partners Pte. Ltd.; Advance HF Private Limited; Sumida Engineering and Machinery Pte. Ltd.; ESM Group Private Limited; Eastern Value Asset Management Pte. Ltd.; SNYTM Capital Pte. Ltd.; JOT Pte. Ltd.; Constellation Ventures Pte. Ltd.; Gnova Invest Pte. Ltd.; Surevast Investments Pte. Ltd.; Pomona Capital Pte. Ltd.