Change - Announcement of Cessation::RETIREMENT OF NON-EXECUTIVE CHAIRMAN

Issuer & Securities

Issuer/ Manager
CHASWOOD RESOURCES HOLDINGS LTD.
Securities
CHASWOOD RESOURCES HLDGS LTD. - SG2E59979590 - 5TW

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2014 19:43:00
Status
New
Announcement Sub Title
RETIREMENT OF NON-EXECUTIVE CHAIRMAN
Announcement Reference
SG140428OTHR5G9S
Submitted By (Co./ Ind. Name)
Andrew Roach Reddy
Designation
Managing Director
Effective Date and Time of the event
28/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
The sponsor of the Company, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), is satisfied that there is no other reason for Dato Mohammed Azlan Bin Hashim's retirement.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the Sponsor ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the 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 and Sponsor assume 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 contact person for the Sponsor is Mr Eric Wong (Director, Corporate Finance), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.

Additional Details

Name Of Person
Dato Mohammed Azlan Bin Hashim
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2014
Detailed Reason (s) for cessation
Dato Mohammed Azlan Bin Hashim voluntary retired as a Director of the Company at the conclusion of the Annual General Meeting held on 28 April 2014.
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
30/04/2012
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman, members of Audit, Remuneration and Nominating Committees.
Role and responsibilities
To lead the Board and approves agenda of the Board meetings, review key business proposal prior to presentation to the Board, encourages active and effective engagement, participation by and contribution from all Directors on strategic issues and business planning processes, and promote high standards of corporate governance.
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)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments