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

Issuer & Securities

Issuer/ Manager
SUNMART HOLDINGS LIMITED
Securities
SUNMART HOLDINGS LIMITED - SG1V50937100 - C2J
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Sep-2015 17:14:41
Status
New
Announcement Sub Title
Cessation of Lead Independent Director
Announcement Reference
SG150928OTHRFZB6
Submitted By (Co./ Ind. Name)
Ho Soo Hui
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lae Chung Wah, Lead Independent Director.

Additional Details

Name Of Person
Lae Chung Wah
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2015
Detailed Reason (s) for cessation
Heavy work 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
28/10/2011
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)
1
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.)
Lead Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee.
Role and responsibilities
Responsibilities as Lead Independent Director, Chairman of Audit Committee, Member of Nominating Committee and 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?
No
Past (for the last 5 years)
None
Present
Hopeshine Group Limited