Change - Announcement of Cessation::Announcement of Cessation of Independent Director who is an Audit Committee Member

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1M47904586 - 5CB

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-May-2014 19:23:17
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Director who is an Audit Committee Member
Announcement Reference
SG140530OTHR52GP
Submitted By (Co./ Ind. Name)
THYE KIM MENG
Designation
CHAIRMAN, MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Director who is an Audit Committee Member

Additional Details

Name Of Person
Joshua Siow Chee Keong
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
30/05/2014
Detailed Reason (s) for cessation
To pursue other commitments.
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
30/04/2005
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.
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?
No
Past (for the last 5 years)
Shanghai Asia Holdings Limited; CMZ Holdings Limited; Sunmart Holdings Limited
Present
Sunvic Chemical Holdings Limited; Epicentre Holdings Limited