Change - Announcement of Cessation::Retirement of Executive Director - Dr. Jack Wang Chicheng

Issuer & Securities

Issuer/ Manager
BIOSENSORS INTERNATIONAL GROUP, LTD.
Securities
BIOSENSORS INT'L GROUP, LTD. - BMG113251000 - B20

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jul-2014 17:35:58
Status
New
Announcement Sub Title
Retirement of Executive Director - Dr. Jack Wang Chicheng
Announcement Reference
SG140724OTHRYYRJ
Submitted By (Co./ Ind. Name)
Ronald H. Ede
Designation
CFO/ Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director - Dr Jack Wang Chicheng

Additional Details

Name Of Person
Jack Wang Chicheng
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
24/07/2014
Detailed Reason (s) for cessation
Dr Jack Wang retired pursuant to Bye-law 104 of the Company, has decided not to seek re-election at the Annual General Meeting of the Company held on 24 July 2014.
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?
Yes
If Yes, Please provide full details
Dr Wang will continue to remain as Chief Technology Officer of the Company.
Date of Appointment to current position
08/11/2010
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 Technology Officer
Role and responsibilities
Responsible for the Company's manufacturing, engineering and technology activities.
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
Dr Wang owns 300,000 shares and 9,035,111 options of Biosensors
Past (for the last 5 years)
JW Medical Systems Limited
Present
JW ICU Medical Limited