Change - Announcement of Cessation::Resignation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
FORELAND FABRICTECH HLDS LTD
Securities
FORELAND FABRICTECH HLDS LTD - BMG3658Z1041 - B0I
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-May-2019 23:36:04
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG190513OTHRNI5Q
Submitted By (Co./ Ind. Name)
Huang Min
Designation
Executive Chairman and Executive Director
Effective Date and Time of the event
13/05/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director, Chairman of Audit Committee, Nominating Committee and Remuneration Committee.

Additional Details

Name Of Person
Soh Yong Soon
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
13/05/2019
Detailed Reason (s) for cessation
Due to time commitment for new business that just received.
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
09/05/2019
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of Audit Committee, Nominating Committee and Remuneration Committee.
Role and responsibilities
Independent Non-Executive Director, Chairman of Audit Committee, 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
Mr Soh previously worked as CFO for China Environment Ltd. ("CEL") from May 2015 to April 2016. Our Group Executive Chairman, Mr Huang Min was also director of CEL till March 2016.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1825000
Past (for the last 5 years)
Gates Engineering Pte Ltd
Anton Management Solutions Pte Ltd
Anton Gourmet Investment Pte Ltd
Anton Corporate Advisory Pte Ltd
Present
Anton Management Solutions Pte Ltd
Anton Corporate Advisory Pte Ltd