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BackAug 01, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Cessation of Director
Date & Time of Broadcast Aug 1, 2016 17:12
Submitted By Tan Sri Datuk Sir Tiong Hiew King
Executive Chairman
Description Announcement of Cessation of Executive Director
Cessation Details
Name of person Peter Ng Choong Joo
Age 70
Is effective date of cessation known? Yes
Effective date for cessation Aug 1, 2016
Detailed reason(s) for cessation Mr Peter Ng Choong Joo has decided to step down as Executive Director to devote more time to his other responsibilities and affairs.
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 May 9, 2012
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of independent directors currently resident in Singapore (taking this account this cessation) 3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 0
Job Title Executive Director
Role and responsibilities Executive, providing strategic oversight of the Group's financial functions, including oversight of capital, finance and treasury.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Nil
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details 30,000 shares of the Company
Other directorships
Past (for the last 5 years) 1. RH Insurance Ltd
2. Lubuk Tiara Sdn. Bhd.
3. Molyhua Holdings Ltd
4. Rimbunan Hijau China Investment Inc.
5. Qinzhou Development (Malaysia) Consortium Sdn. Bhd.
6. Qinzhou Development (Hong Kong) Limited
7. Rimbunan Petrogas Limited
8. RH Mining Resources Ltd
9. Tiong Toh Siong Holdings Sdn. Bhd.
10.Kina Securities Limited
11.Kina Finance Limited
12.PNG Home Finance Company Limited
Present Nil