Announcements & News Releases

Change - Announcement Of Cessation Of Group Executive Vice President

Feb 28, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Feb 28, 2017 17:05
Status New
Announcement Sub Title Announcement of Cessation of Group Executive Vice President
Announcement Reference SG170228OTHRDCV0
Submitted By (Co./ Ind. Name) Lim Poh Fong
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Group Executive Vice President
Additional Details
Name Of Person Lim Swee Kwang
Age 56
Is effective date of cessation known? Yes
If yes, please provide the date 31/03/2017
Detailed Reason (s) for cessation To pursue personal interests.
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 05/10/2015
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) 6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Group Executive Vice President
Role and responsibilities Responsible for technology development, technology acquisition and management of strategic partnerships.
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? Yes
Shareholding Details 300,000 share options granted to Mr Lim Swee Kwang pursuant to ESOS 2011
Past (for the last 5 years) Please see file attached.
Present Please see file attached.

Attachments

  1. Attachment 1 (Size: 54,971 bytes)