Change - Announcement of Cessation::CESSATION OF BUSINESS DEVELOPMENT MANAGER

Issuer & Securities

Issuer/ Manager
M DEVELOPMENT LTD.
Securities
M DEVELOPMENT LTD. - SG1M54904800 - N14
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Apr-2016 17:59:16
Status
New
Announcement Sub Title
CESSATION OF BUSINESS DEVELOPMENT MANAGER
Announcement Reference
SG160408OTHRBGQW
Submitted By (Co./ Ind. Name)
HUANG WEN-LAI
Designation
EXECUTIVE CHAIRMAN AND EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
CESSATION OF BUSINESS DEVELOPMENT MANAGER

Additional Details

Name Of Person
HUANG TZU-TING
Age
24
Is effective date of cessation known?
Yes
If yes, please provide the date
08/04/2016
Detailed Reason (s) for cessation
Resignation due to exploring other career opportunities.
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
01/06/2014
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Business Development Manager
Role and responsibilities
Assist operations of all three subsidiaries:
1. United Force Trading Pte. Ltd.
2. United Force Development (S) Pte. Ltd.
3. Winsta Holding Pte. Ltd.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms. Huang Tzu-Ting is the daughter of Executive Chairman and Director, Mr. Huang Wen-Lai.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Winsta Holding Pte. Ltd.
Present
N.A.