Change - Announcement of Cessation::Cessation as Independent Director who is an Audit Committee member

Issuer & Securities

Issuer/ Manager
HG METAL MANUFACTURING LIMITED
Securities
HG METAL MANUFACTURING LTD - SG1M22901755 - 526

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Apr-2014 17:17:14
Status
New
Announcement Sub Title
Cessation as Independent Director who is an Audit Committee member
Announcement Reference
SG140415OTHR7K4U
Submitted By (Co./ Ind. Name)
Goh Kian sin
Designation
Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation as Independent Director

Additional Details

Name Of Person
Gui Kim Young @ Gui Kim Gan
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
15/04/2014
Detailed Reason (s) for cessation
To facilitate the appointment of new Independent Directors as requested by the new controlling shareholder.
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
01/02/2002
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, RC Chairman, ARC and NC member
Role and responsibilities
Independent Director, RC Chairman, ARC and NC member
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?
No
Past (for the last 5 years)
Hongwei Technologies Ltd, PCA Technology Ltd
Present
San Teh Ltd, Shangyew Public Accounting Corporation, Ee Hoe Hean Club