HSR GLOBAL LIMITED: ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Announcement of Cessation of Independent Director, Chairman of the Remuneration Committee and member of the Audit and Nominating Committees of the Company
* 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 23:35:44
Announcement No.	00251
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Dr Koh Lam Son
Age *	66
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 Dr Koh Lam Son as the Independent Director 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 *	24/04/1991
Job Title *	Independent Director, Chairman of the Remuneration Committee and member of the Audit and Nominating Committees of the Company
Role and responsibilities *	Duties as an Independent Director and as the Chairman of the Remuneration Committee and a member of the Audit and Nominating Committees.
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 *	3
Shareholding 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 *	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

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].