VALUETRONICS HOLDINGS LIMITED: ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Announcement of Cessation of Independent Director, Member of Audit Committee and Remuneration Committee and Chairman of Nominating Committee
* Asterisks denote mandatory information
Name of Announcer *	VALUETRONICS HOLDINGS LIMITED
Company Registration No.	38813
Announcement submitted on behalf of	VALUETRONICS HOLDINGS LIMITED
Announcement is submitted with respect to *	VALUETRONICS HOLDINGS LIMITED
Announcement is submitted by *	Tse Chong Hing
Designation *	Chairman & Managing Director
Date & Time of Broacast	31-Aug-2011 18:59:01
Announcement No.	00181
Price Sensitivity	No

>> Announcement Details

The details of the announcement start here ...

Name *	Siu Ping-Kwong
Age *	50
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	31/08/2011
Detailed Reason(s) for cessation *	Mr Siu Ping-Kwong has resigned so as to devote more time to his other business interest and work commitments.
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
Date of Appointment to current position *	06/02/2007
Job Title *	Independent Director, Member of Audit Committee and Remuneration Committee and Chairman of Nominating Committee
Role and responsibilities *	Assumed the roles and responsibilities of an Independent Director, Member of Audit Committee and Remuneration Committee and Chairman of Nominating Committee as prescribed by the rules of the SGX-ST Listing Manual and the Terms of Reference of the Audit Committee, Remuneration Committee and Nominating Committee
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 resignation) *	2
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	0
Shareholding in the listed issuer and its subsidiaries *	Mr Siu has 50,000 ordinary shares and 300,000 share options of the Company
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	Nil

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	No
Present *	No