Change - Announcement of Cessation::Resignation of Chairman of the Board

Issuer & Securities

Issuer/ Manager
LIFEBRANDZ LTD.
Securities
LIFEBRANDZ LTD. - SG1DF7000002 - 1D3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-May-2017 20:00:32
Status
New
Announcement Sub Title
Resignation of Chairman of the Board
Announcement Reference
SG170505OTHRTH62
Submitted By (Co./ Ind. Name)
Toon Choi Fan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor is: -
Name: Mr. Nathaniel C.V. (Registered Professional, RHT Capital Pte. Ltd.)
Address: Six Battery Road, #10-01, Singapore 049909
Tel: 6381 6757

Additional Details

Name Of Person
Yamaguchi Hiroyuki
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
05/05/2017
Detailed Reason (s) for cessation
Restructuring of the Board of Directors.

Mr Yamaguchi Hiroyuki will remain as Independent Director, Chairman of Remuneration Committee, Member of Audit and Nominating 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
27/04/2017
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Board and Remuneration Committee, Member of Audit and Nominating Committees
Role and responsibilities
Independent Director, Chairman of the Board and Remuneration Committee, Member of Audit and Nominating Committees
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)
Well-Life Communications Co.Ltd.
Present
Japan Medical Solutions Co.Ltd.
Macro Com Co.Ltd.