SGX Announcements
Change - Announcement Of Cessation Of Non-Executive Independent Director
BackFeb 07, 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 7, 2017 6:46 |
| Status | New |
| Announcement Sub Title | Cessation of Non-Executive Independent Director |
| Announcement Reference | SG170207OTHRZPAJ |
| Submitted By (Co./ Ind. Name) | Neo Teck Pheng |
| Designation | Group Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Non-Executive Independent Director |
| Additional Details | |
| Name Of Person | Hwang Han-Lung Basil |
| Age | 45 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 06/02/2017 |
| Detailed Reason (s) for cessation | To devote his time to his other interests. |
| 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 | 19/05/2014 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Independent Director and the Chairman of the Remuneration Committee. |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Group Companies =============== Daohe Global Group Limited and its subsidiaries (formerly known as Linmark Group Limited) Other Companies ============== Hong Kong Wing Yue Asset Management Limited Association of Corporate Growth Limited Dechert (Hong Kong) Limited |
| Present | Group Companies =============== 1) FS Investment Holdings Limited 2) FS MPS (PTC) Limited 3) FS Euro Capital Limited Other Companies ============== Singapore Chamber of Commerce (Hong Kong) China Holdings Limited Access Capital Management Limited Magic Glow Limited |