Announcement Of Cessation As Chief Executive Officer
BackJan 04, 2010
| Resignation Details | |
| Name Of Person | WEE PIEW |
| Age | 45 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 04/01/2010 |
| Detailed Reason(s) for Cessation | MR WEE IS LEAVING THE COMPANY TO PURSUE OTHER PERSONAL INTERESTS. |
| 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 | 01/02/2002 |
| Job Title | CHIEF EXECUTIVE OFFICER AND MEMBER OF NOMINATING COMMITTEE |
| Role and Responsibilities | AS THE CHIEF EXECUTIVE OFFICER OF THE COMPANY, MR WEE OVEREES THE OVERALL OPERATIONS OF THE COMPANY AND ITS SUBSIDIARIES, PRIMARILY IN THE AREAS OF FINANCE, CORPORATE AFFAIRS AND INVESTOR RELATIONSHIPS. MR WEE'S ROLE AS A MEMBER OF NOMINATING COMMITTEE INCLUDE MAKING RECOMMENDATION TO THE BOARD ON ALL BOARD APPOINTMENTS AND ASSESSING THE EFFECTIVENESS OF THE BOARD AS A WHOLE AND THE CONTRIBUTION BY EACH DIRECTOR TO THE EFFECTIVENESS OF THE BOARD ON AN ANNUAL BASIS. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | No |
| 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) over the past 12 months | 3 |
| Shareholding in the listed issuer and its subsidiaries | MR WEE HOLDS 400,435 SHARES AND 268 WARRANTS IN HG METAL MANUFACTURING LIMITED. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | NONE |
| Other Directorship | |
| Past Directorship (for the last five years) | NH CERAMICS LIMITED GREAT METAL PTE LTD HG INDUSTRIAL PARKS PTE LTD HG FENG CHENG INVESTMENTS PTE LTD MR WEE IS ALSO RESIGNING AS A DIRECTOR FROM THE FOLLOWING COMPANIES FOLLOWING THIS RESIGNATION: HG METAL INVESTMENTS PTE LTD HG METAL PTE LTD HG METAL MANUFACTURING SDN BHD GALAXIA PTE LTD NIHO (SINGAPORE) PTE LTD NUSAJAYA STEEL SDN BHD BRC ASIA LIMITED |
| Present Directorship | HOSEN GROUP LIMITED ZHONGGUO PENGJIE FABRICS LIMITED CHINA PRINT POWER GROUP LIMITED |