Change - Announcement of Cessation::Cessation of Independent Director
Issuer & Securities
Issuer/ ManagerDARCO WATER TECHNOLOGIES LIMITED
SecuritiesDARCO WATER TECHNOLOGIES LTD - SG1M47904586 - 5CB
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast04-Aug-2015 20:10:00
StatusNew
Announcement Sub TitleCessation of Independent Director
Announcement ReferenceSG150804OTHRGHKD
Submitted By (Co./ Ind. Name)Thye Kim Meng
DesignationManaging Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Cessation of Independent Director
Additional Details
Name Of PersonTang Kai Meng
Age44
Is effective date of cessation known?Yes
If yes, please provide the date04/08/2015
Detailed Reason (s) for cessationPersonal Reason
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 position05/05/2014
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 months1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, Chairman of the Nominating Committee and member of the Audit Committee and Remuneration Committee.
Role and responsibilitiesNon-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Nil
PresentNil