| Announcement of Cessation of Executive Chairman and Member of the Nominating Committee | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | SMB UNITED LIMITED |
| Company Registration No. | 199506364D |
| Announcement submitted on behalf of | SMB UNITED LIMITED |
| Announcement is submitted with respect to * | SMB UNITED LIMITED |
| Announcement is submitted by * | Toh Kian Poh |
| Designation * | Company Secretary |
| Date & Time of Broacast | 27-Feb-2012 22:15:13 |
| Announcement No. | 00210 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Name * | Lee Phuan Weng |
| Age * | 65 |
| Is Effective Date of Cessation known? * | Yes |
| Effective Date of Resignation | 27/02/2012 |
| Detailed Reason(s) for cessation * | Mr Lee Phuan Weng has resigned pursuant to the undertaking given to Osaki Electric Co., Ltd. ("Osaki") to, inter alia, accept the voluntary cash offer by Osaki for SMB United Limited in respect of the shares held by him. |
| 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 * | 07/09/1995 |
| Job Title * | Executive Chairman and Member of the Nominating Committee |
| Role and responsibilities * | Assumed the roles and responsibilities of an Executive Chairman and a member of the 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) * | 3 |
| Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months * | 1 (including this cessation) |
| 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 * | Brother of Lee Kwang Mong (Non-Executive Director) and Lee Yong Heng (Executive Director); Father of Lawrence Lee Wee Hian (Executive Director and CEO). |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) * | MW Dynamics Pte Ltd |
| Present * | Bridex Singapore Pte Ltd EDMI Limited Eswitch Engineering Pte Ltd Mac Electric (S) Pte Ltd Quantum Automation (Asia) Pte Ltd Quantum Automation Pte Ltd Quantum Security Systems Pte Ltd SMB Electric Harwal Pte Ltd SMB Electric Industries Pte Ltd SMB Electric Pte Ltd SMB Electric Systems Pte Ltd SMB Technologies Pte Ltd SMB Technology & Industries Pte Ltd Soundtex Switchgear & Engineering Pte Ltd Advance Act Sdn Bhd Brighten Switchboard Builders (M) Sdn Bhd SMB Brighten Switchboard Engineering Sdn Bhd SMB Switchgear & Engineering Sdn Bhd SMB United Industries Sdn Bhd SMB Electric (Xiamen) Co., Ltd SMB Harwal Electric Pty Ltd Bridex Malaysia Sdn Bhd QA Systems Integration (M) Sdn Bhd Quantum Automation Systems (Shanghai) Co., Ltd EDMI Meters Sdn Bhd EDMI Pty Ltd EDMI International Trading (Shanghai) Co., Ltd |
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