REPL::Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR WHO IS CHAIRMAN OF AUDIT COMMITTEE
Issuer & Securities
Issuer/ Manager
TELEDATA (SINGAPORE) LIMITED.
Securities
TELEDATA (SINGAPORE) LTD - SG0564006450 - T28
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-May-2014 18:31:58
Status
Replacement
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR WHO IS CHAIRMAN OF AUDIT COMMITTEE
Announcement Reference
SG140514OTHREEJT
Submitted By (Co./ Ind. Name)
IRENE VALENCIA GOUTAMA
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Mr. Neo Ban Chuan resigned as an Independent Director of the Company, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee.
Additional Details
Name Of Person
Neo Ban Chuan
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
14/05/2014
Detailed Reason (s) for cessation
Given the resignation of Mr. Simon Eng, it will be difficult for Mr. Neo Ban Chuan to work cohesively with the remaining board of directors.
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
02/04/2014
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee.
Role and responsibilities
Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Please see appendix attached.
Present
Please see appendix attached.
Attachments
ResignationExecCoChairmanAC.pdf
NeoBC.pdf
Total size =239K
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