Change - Announcement of Cessation::Cessation of Non-executive Director and Chairman

Issuer & Securities

Issuer/ Manager
NEW SILKROUTES GROUP LIMITED
Securities
NEW SILKROUTES GROUP LIMITED - SG1CE0000004 - BMT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Dec-2016 18:09:43
Status
New
Announcement Sub Title
Cessation of Non-executive Director and Chairman
Announcement Reference
SG161207OTHREOY8
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Sceretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-executive Director and Chairman.

Additional Details

Name Of Person
Cai Sui Xin
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
08/12/2016
Detailed Reason (s) for cessation
To focus on his own 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
20/07/2012
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive Director and Chairman
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
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest in 25,489,038 ordinary shares of the Company.
Past (for the last 5 years)
Nil
Present
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