Change - Announcement of Cessation::CESSATION OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
JUBILEE INDUSTRIES HOLDINGS LTD.
Securities
JUBILEE INDUSTRIES HLDGS LTD. - SG1Y33945565 - 5OS

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Jul-2014 20:27:34
Status
New
Announcement Sub Title
CESSATION OF EXECUTIVE DIRECTOR
Announcement Reference
SG140711OTHRIXZ0
Submitted By (Co./ Ind. Name)
SHARON YEOH
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
This Announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (SGX-ST). The Company's Sponsor has not independently verified the contents of the Announcement.

This Announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this Announcement including the correctness of any of the statements or opinions made or reports contained in this Announcement.

The contact person for the Sponsor is:-

Name: Mr Tan Chong Huat, Registered Professional, RHT Capital Pte. Ltd.
Address: Six Battery Road #10-01, Singapore 049909
Tel: 6381 6787

Additional Details

Name Of Person
TOH SOON HUAT
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
11/07/2014
Detailed Reason (s) for cessation
Other work commitments.

Based on its enquiries, the Company's Sponsor, RHT Capital Pte. Ltd. is satisfied that, other that as disclosed in this announcement, there are no other material reasons for the resignation of Mr Toh Soon Huat as Executive Director of the Company.
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
02/04/2013
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for overseeing strategic planning and management of the Group.
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)
Jubilee Industries (S) Pte. Ltd., E'Mold Holding Pte. Ltd.
Present
Premium Capital Pte. Ltd., Compass Capital Pte. Ltd., Novena Foundation Pte. Ltd., Natural Resources International Holding Pte. Ltd., Straits Corporation Pte. Ltd., Hoon Leng Yie (Temple) Ltd., StraitsCorp Resources Pte. Ltd., Five Star Property Pte. Ltd., Five Star Land Pte. Ltd., Meyzer Estate Venture III Pte. Ltd., Lucky 6 Capital Pte. Ltd.