News
30 Sep 2008
Announcement Of Cessation As Executive Director
| Resignation Details | |
| Name Of Person | LIM HONG CHING |
| Age | 53 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 26/09/2008 |
| Detailed Reason(s) for Cessation | Following the completion of the Acquisition, new Board of Directors and senior management team were appointed. Please refer to the Circular dated 4 September 2008 for further details. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 20/12/1991 |
| Job Title | Executive Chairman and Managing Director |
| Role and Responsibilities | Overall management of the Company. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | 6 (including all cessations on 26 September 2008) |
| Shareholding in the listed issuer and its subsidiaries | Direct interest of 25,208,000 shares and deemed interest of 20,792,000 shares through Mdm Yeo Sock Kon (spouse of Mr Lim Hong Ching). |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No. |
| Other Directorship | |
| Past Directorship (for the last five years) | Nil |
| Present Directorship | Showy Overseas Pte. Ltd. Showy Private Limited |