Announcement Of Cessation As Non-Executive Director

BackDec 02, 2011
Resignation Details
Name Of Person Yong Pung How
Age 85
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 01/12/2011
Detailed Reason(s) for Cessation Mr Yong has decided to retire and not seek re-election at the Annual General Meeting of the Company on 1 December 2011.
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 01/07/2007
Job Title Member, Nominating Committee.
Role and Responsibilities Mr Yong assumed the role of a member of the Nominating Committee.
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) 9
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months 1
Shareholding in the listed issuer and its subsidiaries Ordinary Shares:
Direct: 600,000
Indirect: 4,500,000
Management Shares: 4
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Other Directorship
Past Directorship (for the last five years) Nil
Present Directorship KI Ventures Limited