Change - Announcement of Cessation::Cessation of Executive Director
Issuer & Securities
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast01-Dec-2016 18:09:20
Announcement Sub TitleCessation of Executive Director
Announcement ReferenceSG161201OTHRRKTI
Submitted By (Co./ Ind. Name)Lee Pih Peng
DesignationCompany Secretary
Effective Date and Time of the event01/12/2016 18:00:00
Description (Please provide a detailed description of the event in the box below)Cessation of Mr. Zhou Jifeng ("Mr. Zhou") as an Executive Director of the Company.
Additional Details
Name Of PersonZhou Jifeng
Is effective date of cessation known?Yes
If yes, please provide the date01/12/2016
Detailed Reason (s) for cessationMr. Zhou Jifeng ( "Mr. Zhou") resigned as an Executive Director of the Company with effect from 1 December 2016 as he requires more time to pursue his other personal commitments.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?No
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
Any other relevant information to be provided to shareholders of the listed issuer?No
Date of Appointment to current position26/05/2016
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 cessation)2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Executive Director
Role and responsibilitiesExecutive. Mr. Zhou was responsible for overseeing the businesses of Poly EZbuy Limited, a former subsidiary of the Company, and its subsidiaries.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNone.
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)No directorships other than the present directorships.
Present- Poly EZbuy Limited, a former subsidiary of the Company

- Poly EZbuy (HK) Limited, a former subsidiary of the Company