| Announcement of Cessation of Executive Director and Chief Financial Officer | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | AVI-TECH ELECTRONICS LIMITED |
| Company Registration No. | 198105976H |
| Announcement submitted on behalf of | AVI-TECH ELECTRONICS LIMITED |
| Announcement is submitted with respect to * | AVI-TECH ELECTRONICS LIMITED |
| Announcement is submitted by * | Adrian Chan Pengee |
| Designation * | Company Secretary |
| Date & Time of Broacast | 19-Sep-2012 17:48:02 |
| Announcement No. | 00075 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Name * | Wilfred Teo Chu Khiong |
| Age * | 56 |
| Is Effective Date of Cessation known? * | Yes |
| Effective Date of Resignation | 19/09/2012 |
| Detailed Reason(s) for cessation * | Mr Wilfred Teo Chu Khiong is resigning as a member of the Board to continue and focus more in his responsibilities as the Chief Financial Officer of the Group. Other than as disclosed in this announcement, there are no material reasons for his resignation as a member of the Board. |
| 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 * | 01/01/2009 |
| Job Title * | Executive Director and Chief Financial Officer |
| Role and responsibilities * | Area of responsibility include management of the financial and accounts operations of the Company and the Group. |
| 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 * | 0 |
| Interest in the listed issuer and its subsidiaries * | Acceptance of 100,000 share options granted under the Avi-Tech Employees Share Option Scheme. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | No |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) * | None |
| Present * | Avi-Tech Electronics (Suzhou) Co., Ltd Avi-Tech Esave Pte Ltd Avi-Tech Inc |
© 2012 SGX News
