Change - Announcement of Cessation::Resignation of COO at US Subsidiary
Issuer & Securities
Issuer/ ManagerMETECH INTERNATIONAL LIMITED
SecuritiesMETECH INTERNATIONAL LIMITED - SG2E79981816 - QG1
METECH INTERNATIONAL W171005 - SG43T3000003 - 42MW
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast05-Jan-2016 18:23:38
StatusNew
Announcement Sub TitleResignation of COO at US Subsidiary
Announcement ReferenceSG160105OTHRHIB5
Submitted By (Co./ Ind. Name)Benedict Lim
DesignationEVP
Description (Please provide a detailed description of the event in the box below)Cessation of Mr Andrew McManus as Chief Operating Officer of Metech Recycling, Inc (USA) with effect from 23 January 2016.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte. Ltd., for compliance with the relevant rules of 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. Bernard Lui. His contact particulars are 10 Collyer Quay #27-00 Ocean Financial Centre Singapore 049315, Telephone: +65 6389 3000, Email Address: bernard.lui@morganlewis.com.
Additional Details
Name Of PersonAndrew McManus
Age53
Is effective date of cessation known?Yes
If yes, please provide the date23/01/2016
Detailed Reason (s) for cessationMr Andrew McManus is resigning to pursue other interests.
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 position01/01/2013
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)3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Chief Operating Officer, Metech Recycling, Inc (USA)
Role and responsibilitiesThe Chief Operating Officer is responsible for managing the day-to-day operations of Metech Recycling, Inc (USA). His primary duty is to meet business goals and coordinate the operations of the five plants across the United States at Worcestor, MA; Creedmoor, NC; Denver, CO; Salt Lake City, UT; and Gilroy CA.
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?No
Past (for the last 5 years)None
PresentNone