Change - Announcement of Cessation::CESSATION OF LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
LEADER ENVIRONMENTAL TECHNOLOGIES LIMITED
Securities
LEADER ENVIRONMENTAL TECH LTD - SG2B93959478 - LS9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2015 17:56:58
Status
New
Announcement Sub Title
CESSATION OF LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG150427OTHRGZ5V
Submitted By (Co./ Ind. Name)
LIN BAIYIN
Designation
EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Cessation of the Lead Independent Non-Executive Director who is also the Chairman of the Audit Committee and a member of each the Nominating Committee and Remuneration Committee.

(The Board of Directors of the Company would like to place on record its appreciation to Mr Lee Gee Aik for his guidance and contributions to the Group during his tenure with the Company. The Company would also appoint and announce his replacement in due course.

Additional Details

Name Of Person
LEE GEE AIK
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2015
Detailed Reason (s) for cessation
Mr Lee Gee Aik will not be seeking re-election and will retire at the conclusion of the annual general meeting of the Company held on 27 April 2015.
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
21/06/2010
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.)
Lead Independent Director, Chairman of the Audit Committee, member of the Nominating Committee and member of the Remuneration Committee.
Role and responsibilities
As above.
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)
Sinostar Pec Holdings Limited
Present
E-2 Capital Holdings Limited
Anchun International Holdings Ltd
Ley Choon Group Holdings Limited