Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
NOBEL DESIGN HOLDINGS LTD
Securities
NOBEL DESIGN HOLDINGS LTD - SG1D60018406 - 547
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Apr-2017 17:14:39
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG170418OTHR4TBM
Submitted By (Co./ Ind. Name)
Goon Eu Jin Terence
Designation
Chief Executive Officer and Group Managing Director
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director

Additional Details

Name Of Person
Dr Teh Ban Lian
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2017
Detailed Reason (s) for cessation
Dr Teh Ban Lian, who shall retire at the forthcoming Annual General Meeting ("AGM") of the Company to be held on 28 April 2017 pursuant to Article 107 of the Company's Constitution, has indicated that he will not be standing for re-election at the AGM.
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
13/06/2005
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director. Chairman of Risk Management Sub-Committee and member of Audit and Nominating Committees.
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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
282,000 ordinary shares in Nobel Design Holdings Ltd.
Past (for the last 5 years)
Nil
Present
Nil