| |
| ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER |
| 31 May 2012 |
 |
| Announcement
is submitted by |
Tan San-Ju |
| Designation |
Company Secretary |
| Date & Time of
Broadcast |
31-May-2012 17:10:13 |
| Announcement No. |
00052 |
| Name of person |
Ho Yew Mun |
| Age |
59 |
| Is Effective Date of Cessation known? |
Yes |
| If yes, please provide the date |
31-05-2012 |
| Detailed Reason(s) for cessation |
Due to other personal commitments |
| 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 |
31-12-2007 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Independent Director, Chairman of the Nominating Committee, Member of the Audit
Committee and Member of the Remuneration Committee |
| Role and responsibilities |
Independent Director and Chairman of the Nominating Committee and a member of the
Audit Committee and Remuneration Committee |
| 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) over the past 12 months |
One independent director resigned on 31 December 2011 and one executive director
retired on 31 March 2012 |
| Interest in the listed issuer and its subsidiaries |
Nil |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries |
Nil |
Other Directorship
| Past (for the last 5 years) |
Ho Yew Mun Pte Ltd
China Fibretech Ltd
Epure International Ltd |
| Present |
PEC Ltd. |
|
