Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
LEY CHOON GROUP HOLDINGS LIMITED
Securities
LEY CHOON GROUP HLDG LIMITED - SG2F02983607 - Q0X
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Aug-2015 22:55:06
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG150806OTHRL5HH
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Ceseeation of Independent Director

The number of cessation of appointments specified in Listing Rules 704(7) over the past 12 months includes the cessation of Chow Wen Kwan.

Additional Details

Name Of Person
Chow Wen Kwan
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
06/08/2015
Detailed Reason (s) for cessation
Due to concerns over effectiveness and timeliness of management actions taken to improve project management and financial reporting.
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?
Yes
If Yes, Please provide full details
Please see above
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see above
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Save as provided above, no.
Date of Appointment to current position
25/07/2012
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Remuneration Committee Member, Nominating Committee Member and Audit Committee Member
Role and responsibilities
Non-executive
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)
Drew & Napier LLC
Duty Free International Limited (formerly known as Esmart Holdings Limited)
Weiye Holdings Limited (formerly known as Kyodo-Allied Industries Ltd)
Zhongxin Fruit and Juice Limited
Present
Versalink Holdings Limited
Hafary Holdings Limited
SMJ International Holdings Ltd