| Announcement of Cessation of Independent and Non-Executive Director and Chairman of Nominating Committee | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | FRASER AND NEAVE, LIMITED |
| Company Registration No. | 189800001R |
| Announcement submitted on behalf of | FRASER AND NEAVE, LIMITED |
| Announcement is submitted with respect to * | FRASER AND NEAVE, LIMITED |
| Announcement is submitted by * | Anthony Cheong Fook Seng |
| Designation * | Company Secretary |
| Date & Time of Broacast | 23-May-2013 19:41:05 |
| Announcement No. | 00150 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Name * | Pailin Chuchottaworn |
| Age * | 57 |
| Is Effective Date of Cessation known? * | Yes |
| Effective Date of Resignation | 31/05/2013 |
| Detailed Reason(s) for cessation * | After he was appointed to the board Dr Pailin Chuchottaworn commenced a number of projects at his employer, which requires significant commitment and focus. He believes that he might therefore be unable to fully participate in all board activities, and in the interest of the Company he has decided to step down. The board regrets his decision, and records its thanks to Dr Pailin Chuchottaworn for his services. |
| 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 * | 28/02/2013 |
| Job Title * | Independent and Non-Executive Director and Chairman of Nominating Committee |
| Role and responsibilities * | As above. |
| 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 * | 10 |
| Interest in the listed issuer and its subsidiaries * | No |
| 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) * | NA |
| Present * | NA |
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