Investor Relations
Announcement Of Cessation As Non-Executive Director
BackJan 19, 2011
| Resignation Details | |
| Name Of Person | Andy Lim |
| Age | 54 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 19/01/2011 |
| Detailed Reason(s) for Cessation | Mr Andy Lim's directorship is under the nomination of substantial shareholder Viking Offshore and Marine Limited. This is Viking's guideline to rotate directorship to Mr Lee Suan Hiang as part of renewal process, considering the other workload commitments of Mr Andy Lim. |
| 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 | 08/07/2009 |
| Job Title | Non-Executive Director |
| Role and Responsibilities | Non-Executive Director |
| 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) | 4 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | Nil |
| Interest in the listed issuer and its subsidiaries | 53,421,367 Ordinary Shares (Deemed Interest) |
| 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) | China Education Ltd The Esplanade Co Ltd Moneyworld Asia (NZ) Ltd Pacific Theatricals Pte Ltd Advance SCT Limited Money World Capital Pte Ltd Money World Investment Pte Ltd |
| Present Directorship | Tembusu Partners Pte Ltd Tembusu Growth Fund I Ltd Tembusu Growth Fund II Ltd Tembusu Growth GIP Fund Ltd Associated Leisure Int'l Pte Ltd MoneyWorld Asia Pte Ltd Pacific-Al Consultancy Pte Ltd Money World Marketing Pte Ltd MWA Capital Pte Ltd RE Holdings Pte Ltd Moneyworld Asia (HK) Ltd Alpha Singapore Industrial & Services Co-operative Society Ltd (ISCOS) Enterprise 50 Club National Council for Anti-Drug Abuse Viking Offshore and Marine Limited Viking Airtech Pte Ltd |