Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Securities
CSE GLOBAL LTD - SG1G47869290 - 544
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Apr-2017 19:13:49
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG170420OTHROPI0
Submitted By (Co./ Ind. Name)
Lynn Wan Tiew Leng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director

Additional Details

Name Of Person
Dr Lim Boh Soon
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
20/04/2017
Detailed Reason (s) for cessation
Dr Lim Boh Soon, who was retiring pursuant to Article 95 of the Company's Constitution, did not stand for re-election at the Company's Annual General Meeting ("AGM") held on 20 April 2017, retired as a Director of the Company at the conclusion of the AGM.

Consequent thereto, Dr Lim ceased to be a member of the Nominating and Compensation Committees.
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
22/01/1999
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)
6
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.)
Independent Director, Member of Nominating and Compensation Committees
Role and responsibilities
Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest - 330,000 shares
Past (for the last 5 years)
- AP Fund Management Pte Ltd
- Nationwide Petroleum Pte Ltd
- Peak Power Asia Pte Ltd
- Hup Soon Leong Holdings Pte Ltd
- Auric Pacific Group Limited
- SMTrack Berhad
- Qrinon Pte Ltd
- Isoquant Sdn Bhd
Present
- Across Asia Limited
- Jumbo Group Limited