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

Issuer & Securities

Issuer/ Manager
MDR LIMITED
Securities
MDR LIMITED - SG1N26909308 - A27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2017 17:56:21
Status
New
Announcement Sub Title
Resignation of Independent Director who is an Audit Committee member
Announcement Reference
SG170531OTHRR6CM
Submitted By (Co./ Ind. Name)
Madan Mohan
Designation
Company Secretary
Effective Date and Time of the event
31/05/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director who is an Audit Committee member

Additional Details

Name Of Person
Mr Ng Tiak Soon
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2017
Detailed Reason (s) for cessation
Mr Ng Tiak Soon is resigning as a Director of mDR Ltd ("Company") pursuant to a restructuring of the Board of Directors of the Company, following a change in the substantial/controlling interest in 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
12/11/2015
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director

AC Chairman

NC Member

RC Member


Role and responsibilities
Roles and responsibilities of Independent Non-Executive Director, AC Chairman, NC Member and RC Member
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?
No
Past (for the last 5 years)
Cordlife Group Limited

Kinergy Ltd

St. James Holdings Ltd
Present
Eurosports Global Limited

800 Super Holdings Limited