Change - Announcement of Cessation::Retirement of Independent Director
Issuer & Securities
SecuritiesNEXT-GEN SATELLITE COMM LTD - SG1I31881119 - B07
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast12-Aug-2016 23:42:53
Announcement Sub TitleRetirement of Independent Director
Announcement ReferenceSG160812OTHRLUL8
Submitted By (Co./ Ind. Name)Ku Vicente S.
DesignationManaging Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Retirement of Independent Director
Additional Details
Name Of PersonFong Yew Meng
Is effective date of cessation known?Yes
If yes, please provide the date12/08/2016
Detailed Reason (s) for cessationRetired at the Annual General Meeting.
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 position15/01/2009
Does the AC have a minimum of 3 members (taking into account this cessation)?No
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 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee
Role and responsibilitiesIndependent Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding Details4,349,000 shares of Next-Generation Satellite Communications Limited
Past (for the last 5 years)Nil