Change - Announcement Of Resignation Of Director

BackMar 29, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Mar 29, 2018 17:07
Status New
Announcement Sub Title Resignation of Director
Announcement Reference SG180329OTHR8YAV
Submitted By (Co./ Ind. Name) Michael Steven Weiss
Designation Group CEO and Executive Director
Description (Please provide a detailed description of the event in the box below) Announcement on the resignation of Mr Ho Sheng as a Director of the Company.
Additional Details
Name Of Person Ho Sheng
Age 61
Is effective date of cessation known? Yes
If yes, please provide the date 31/03/2018
Detailed Reason (s) for cessation Health reasons.
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 01/07/2011
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) 1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Director, Chairman of the Nominating Committee, and a member of the Audit Committee
Role and responsibilities Roles and responsibilities of an Independent Director, Chairman of the Nominating Committee, and a member of the Audit Committee
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 Deemed interest of immediate family members:-
(1) Woo Foong Lin - 300,000 shares;
(2) Ho Sheng Yi - 1,000 shares; and
(3) Ho Sheng Yung - 1,000 shares.
Past (for the last 5 years) 1. Ying Li International Real Estate Limited;
2. Bananai Capital; and
3. YZSIDE.Com Pte. Ltd.
Present 1. New Silkroutes Group Limited