Change - Announcement of Cessation::RETIREMENT OF CHIEF EXECUTIVE OFFICER AND DIRECTOR

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Nov-2017 20:43:50
Status
New
Announcement Sub Title
RETIREMENT OF CHIEF EXECUTIVE OFFICER AND DIRECTOR
Announcement Reference
SG171107OTHRP1EB
Submitted By (Co./ Ind. Name)
Ong Suat Lian
Designation
CFO
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF CHIEF EXECUTIVE OFFICER AND DIRECTOR

Additional Details

Name Of Person
Melvin Chan Wai Leong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2018
Detailed Reason (s) for cessation
Retirement
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
04/01/2008
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Role and responsibilities
Chief Executive Officer and Executive Director
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?
Yes
Shareholding Details
7,778,753. Melvin Chan Wai Leong's ordinary shares in the capital of Ellipsiz Ltd is held by DBS Nominees Pte. Ltd. as nominee. The beneficial ownership of these shares remains with Mr. Chan.
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments