| Announcement of Cessation of Director and Chief Executive Officer | |
| * 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 | 30-Mar-2012 17:38:12 |
| Announcement No. | 00121 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Name * | Lawrence Lee Wee Hian |
| Age * | 39 |
| Is Effective Date of Cessation known? * | Yes |
| Effective Date of Resignation | 30/03/2012 |
| Detailed Reason(s) for cessation * | Position vacated to facilitate the appointment of Mr Mitsuyasu Watanabe who has been nominated by the holding company Osaki Electric Co., Ltd. for appointment as the Chief Executive Officer. |
| 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? * | Yes |
| If yes, please elaborate * | Mr Lawrence Lee Wee Hian remains as an Executive Director of the Company. |
| Date of Appointment to current position * | 01/10/2010 |
| Job Title * | Director and Chief Executive Officer |
| Role and responsibilities * | Assumed the roles and responsibilities of an Executive Director and the Chief Executive Officer. |
| 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 * | 4 (including this cessation) |
| Interest in the listed issuer and its subsidiaries * | None |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | Nephew of Mr Lee Kwang Mong (Non-Executive Director) |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) * | None |
| Present * | SMB Electric Systems Pte Ltd Mac Electric (S) Pte Ltd SMB Electric Harwal Pte Ltd Quantum Automation Pte Ltd SMB Technologies 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 Harwal Electric Pty Ltd SMB Macquarie Electric Pty Ltd |
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