|Name Of Person||Choy Kong Yan|
|Is effective date of cessation known?||Yes|
|If yes, please provide the date||26/08/2016|
|Detailed Reason (s) for cessation||To pursue new career opportunity.|
The Company's Sponsor, SAC Advisors Private Limited, has interviewed Mr Choy Kong Yan and based on its enquiries, is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Choy Kong Yan.
The Chief Executive Officer of the Company, Dr. Nico Po will assume Mr Choy's duties to ensure continued smooth functioning of the operation and business of the Group subsequent to the cessation of Mr Choy.
|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 position||05/05/2014|
|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 months||0|
|Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)||General Manager|
|Role and responsibilities||Mr Choy is responsible for the overall supervision and management of the operation and business of the Group.|
|Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries||No|
|Shareholding interest in the listed issuer and its subsidiaries?||No|
|Past (for the last 5 years)||Pollux (SF1) Pte. Ltd.|
Pollux (CCK) Pte. Ltd.
Stirling Fort Capital Pte. Ltd.