Change - Announcement of Cessation::RESIGNATION OF MR KYLE LEE KHAI FATT AS DIRECTOR

Issuer & Securities

Issuer/ Manager
MFS TECHNOLOGY LTD
Securities
MFS TECHNOLOGY LTD - SG1M06899645 - 5BM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-May-2016 17:25:46
Status
New
Announcement Sub Title
RESIGNATION OF MR KYLE LEE KHAI FATT AS DIRECTOR
Announcement Reference
SG160512OTHRVYFY
Submitted By (Co./ Ind. Name)
Hee Siew Fong
Designation
Chief Financial Officer / Company Secretary
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF MR KYLE LEE KHAI FATT AS DIRECTOR

Additional Details

Name Of Person
Kyle Lee Khai Fatt
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
18/05/2016
Detailed Reason (s) for cessation
Following the commencement of the members' voluntary liquidation on 12 May 2016, the Company will be delisted from the Official List of the Singapore Exchange Securities Trading Limited with effect from 9.00 a.m. on 18 May 2016.

Consequently, Mr Kyle Lee would resign as Director of the Company with effect from 18 May 2016.

Mr Lee would also relinquish his position as Chairman of the Nominating and Remuneration Committees and member of the Audit and Risk Committee.
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
01/08/2013
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Independent Director;
- Chairman of the Board, Nominating and Remuneration Committees; and
- Member of the Audit and Risk Committee.
Role and responsibilities
- Independent Director;
- Chairman of the Board, Nominating and Remuneration Committees; and
- Member of the Audit and Risk Committee.
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)
Jurong International Holdings Pte Ltd
WBL Corporation Limited
Present
CapitaLand Mall Trust Management Limited
FEO Hospitality Asset Management Pte Ltd
FEO Hospitality Trust Management Pte Ltd
Great Eastern Holdings Limited
Great East Life Assurance Company Limited