Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
BIOSENSORS INTERNATIONAL GROUP, LTD.
Securities
BIOSENSORS INT'L GROUP, LTD. - BMG113251000 - B20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Oct-2014 17:34:02
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE INDEPENDENT DIRECTOR
Announcement Reference
SG141017OTHREWX5
Submitted By (Co./ Ind. Name)
RONALD H. EDE
Designation
CFO/ COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CESSATION OF MR SOON BENG AW AS NON-EXECUTIVE INDEPENDENT DIRECTOR

Additional Details

Name Of Person
Soon Beng Aw
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
17/10/2014
Detailed Reason (s) for cessation
To focus on own business venture and other personal 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?
Yes
If Yes, Please provide full details
Mr Aw will cease as Chairman of the Audit Committee and Board Risk Management Committee and Member of the Nominations Committee with immediate effect.
Date of Appointment to current position
28/07/2010
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Audit Committee and Board Risk Management Committee and Member of the Nominations Committee.
Role and responsibilities
Non-Executive Independent Director.
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?
Yes
Shareholding Details
Mr. Aw owns 20,000 shares of Biosensors International Group, Ltd.
Past (for the last 5 years)

Westcomb Profits Limited
Present
1) Evia Growth Opportunities II Ltd.
2) Evia Growth Opportunities III Ltd.