Change - Announcement of Cessation::CESSATION OF CEO OF VALTRON TECHNOLOGY PTE LTD, A PRINCIPAL SUBSIDIARY OF ICP LTD.

Issuer & Securities

Issuer/ Manager
ICP LTD.
Securities
ICP LTD - SG1C75001109 - 536

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2014 18:48:40
Status
New
Announcement Sub Title
CESSATION OF CEO OF VALTRON TECHNOLOGY PTE LTD, A PRINCIPAL SUBSIDIARY OF ICP LTD.
Announcement Reference
SG140331OTHRUW79
Submitted By (Co./ Ind. Name)
FONG WENG KAI
Designation
EXECUTIVE DIRECTOR
Effective Date and Time of the event
01/04/2014 00:00:00
Description (Please provide a detailed description of the event in the box below)
Please see attached.

Additional Details

Name Of Person
CHANDRAN NANTHA KUMAR
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2014
Detailed Reason (s) for cessation
Pursuant to the cessation of the electroplating business which was approved by the shareholders at the Extraordinary General Meeting held on 21 January 2014
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
12/03/2009
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer of Valtron Technology Pte Ltd
Role and responsibilities
Operations Management, Business Development and Marketing and Sales of Electroplating Business
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
Past (for the last 5 years)
ICP LTD., LITRON PTE. LTD., DYNAMAR HOLDINGS PTE LTD
Present
VALTRON TECHNOLOGY SDN BHD

Attachments

Announcement - Resignation of CEO in Valtron.pdf
Total size =65K