Change - Announcement of Cessation::Resignation of Non-Executive Director and Reconstitution of Audit and Remuneration Committees

Issuer & Securities

Issuer/ Manager
CSC HOLDINGS LIMITED
Securities
CSC HOLDINGS LTD - SG1F84861094 - C06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Mar-2016 17:33:47
Status
New
Announcement Sub Title
Resignation of Non-Executive Director and Reconstitution of Audit and Remuneration Committees
Announcement Reference
SG160304OTHRPCIY
Submitted By (Co./ Ind. Name)
Lee Quang Loong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director and Reconstitution of Audit and Remuneration Committees

Additional Details

Name Of Person
Ng San Tiong
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
04/03/2016
Detailed Reason (s) for cessation
To devote more time to his other business commitments and community involvements.
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
25/09/2002
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Member of Audit and Remuneration Committees
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
TH Investment Pte Ltd ("THI"), a substantial shareholder of the in the Listed Issuer, is a wholly-owned subsidiary of Tat Hong Investments Pte Ltd, which is a wholly-owned subsidiary of Chwee Cheng & Sons Pte Ltd ("CCSPL"). THI owns 47.28% interest in the Listed Issuer.

42.03% of the issued share capital of CCSPL is owned by the Chwee Cheng Trust (constituted under trust deed). Being joint trustees of Chwee Cheng Trust, as shareholder of 11.1% direct interest in CCSPL, Mr Ng San Tiong, along with CCSPL and Tat Hong Investments Pte Ltd, is deemed to be interested in all shares held by THI in the Listed Issuer.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Ordinary shares in the Listed Issuer
-Direct Interest (4,609,333 shares)
-Deemed Interest (1,035,143,975 shares)

Warrants in the Listed Issuer
-Direct Interest (5,761,665 Warrants)
-Deemed Interest (833,330 Warrants)
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments