HSR GLOBAL LIMITED: ANNOUNCEMENT OF CESSATION AS EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER

Announcement of Cessation of Executive Director & Chief Operating Officer
* Asterisks denote mandatory information
Name of Announcer *	HSR GLOBAL LIMITED
Company Registration No.	197300314D
Announcement submitted on behalf of	HSR GLOBAL LIMITED
Announcement is submitted with respect to *	HSR GLOBAL LIMITED
Announcement is submitted by *	Ng Kah Tie
Designation *	Executive Director
Date & Time of Broacast	14-May-2013 23:32:44
Announcement No.	00249
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Lim Sook Lin
Age *	52
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	15/05/2013
Detailed Reason(s) for cessation *	Pursuant to the reconstitution of the Board of Directors of the Company following the close of the mandatory unconditional cash offer by Phileo Capital Limited to acquire all the issued and paid-up ordinary shares in the capital of the Company. Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms Lim Sook Lin as the Executive Director and Chief Operating Officer of the Company.
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 *	31/01/2011
Job Title *	Executive Director & Chief Operating Officer
Role and responsibilities *	She is responsible for the overall management of the business units and operations of 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) *	4
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	1
Interest in the listed issuer and its subsidiaries *	Direct Interest - 13,000,000 ordinary shares of the Company Deemed Interest - 2,000,000 ordinary shares of the Company
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	Ms Lim Sook Lin is the spouse of Mr Liew Siow Gian Patrick and is deemed to be interested in the 2,000,000 ordinary shares of the Company held directly by Mr Liew Siow Gian Patrick.

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	PPH Pte Ltd Paxel Development Pte Ltd PPH Holdings Pte Ltd (struck off in year 2013)
Present *	HSR International Realtors Pte Ltd HSR Property Consultants Pte Ltd Optimax Consultancy Pte Ltd Paxel Consultants Pte Ltd Whitehouse Holdings Private Limited Paxel Design Pte Ltd Reneu Pte Ltd Worldwide House of Prayer Pte Ltd Paxel. International Marketing Pte Ltd PPH.ID Pte Ltd Glowtrac Investment HSR Global (Australia) Pty Ltd

Footnotes

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte Ltd (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone [phone].