27 Feb 2012
Announcement Of Cessation As Executive Director
| Resignation Details | |
| Name Of Person | Foo Der Rong |
| Age | 60 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 31/03/2012 |
| Detailed Reason(s) for Cessation | To pursue personal priorities. |
| 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 | 03/12/2003 |
| Job Title | Executive Director |
| Role and Responsibilities | Responsible for the overall operations of the Company in his capacity as member of the Executive 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) | Two (2) |
| 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 | Nil |
| 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) | Please see the attached document. |
| Present Directorship | Please see the attached document. |
| Other Notes | |
| Footnotes | Mr. Foo Der Rong ("Mr. Foo") has informed the Company of his wish to pursue his personal priorities. Mr. Foo and the Company have mutually agreed that Mr. Foo's employment with the Company will end on 31 March 2012. The Company's Executive Director, Mdm. Tang Cheuk Chee will assume Mr. Foo's duties until a suitable candidate is found. |