Change - Announcement of Cessation::Cessation of Lead Independent Director

Issuer & Securities

Issuer/ Manager
YUUZOO CORPORATION LIMITED
Securities
YUUZOO CORPORATION LIMITED - BMG9884X1020 - AFC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Dec-2014 20:49:16
Status
New
Announcement Sub Title
Cessation of Lead Independent Director
Announcement Reference
SG141204OTHRTKGA
Submitted By (Co./ Ind. Name)
Thomas Zilliacus
Designation
Executive Chairman and Chief Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Lead Independent Director

Additional Details

Name Of Person
Tang Lay Hoon
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
03/12/2014
Detailed Reason (s) for cessation
To pursue other personal commitments.
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
29/08/2014
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee and Nominating Committee; and a member of the Remuneration Committee of the Company.
Role and responsibilities
Duties as an Lead Independent Director, Chairman of the Audit Committee and Nominating Committee; and a member of the Remuneration Committee.
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?
Yes
Shareholding Details
279,680 ordinary shares of YuuZoo Corporation Limited
Other Directorships
Past (for the last 5 years)
3Cnergy Limited
JEP Holdinga Ltd.
YuuZoo Corporation (Incorporated in BVI)
Present
NIL