ANNOUNCEMENT OF CESSATION AS NON-EXECUTIVE DIRECTOR
May 02, 2012
| Announcement Title | ANNOUNCEMENT OF CESSATION AS NON-EXECUTIVE DIRECTOR |
|---|---|
Issuer & Securities |
|
| Issuer/ Manager | NTEGRATOR INTERNATIONAL LTD |
| Company Registration No. | 199904281D |
| Announcement submitted on behalf of | NTEGRATOR INTERNATIONAL LTD |
| Announcement is submitted with respect to * | NTEGRATOR INTERNATIONAL LTD |
| Announcement is submitted by * | Kenneth Sw |
| Designation * | Company Secretary |
| Date & Time of Broadcast | 02-May-2012 19:05:02 |
| Announcement No. | 00151 |
Announcement Details |
|
| Name of person * | Tay Koon Chuan |
| Age * | 51 |
| Is Effective Date of Cessation known? * | |
| Detailed Reason(s) for cessation * | Held directorship in the Company as a representation of investor, Fortune Technology Fund I Ltd (Fortune Tech), at the Companys Board. Following the sale of shares by Fortune Tech and having ceased to be a substantial shareholder, Mr Tay had resigned as a Director of the Company. |
| 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 |
| If yes, please elaborate * | NA |
| 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 * | 21/09/2007 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * | Non-Executive Director and a Member of Nominating Committee. |
| Role and responsibilities * | Roles & responsibilities of Non-Executive Director and a Member of Nominating Committee. |
| 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) * | 4 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months * | 1 (including this announcement) |
| Shareholding * in the listed issuer and its subsidiaries * | Direct interest in the Company:1,240,000 shares620,000 warrants |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | No |
OTHER DIRECTORSHIPS |
|
| Past (for the last 5 years) * | Ntegrator International LtdUnited Test and Assembly Center Ltd (Alternate Director)Fortune Technology Fund II LtdFortune Venture Management (S.E.A.) Ltd |
| Present * | Fortune Capital Management Pte LtdFortune Onecapital Pte LtdFortune Technology Fund I LtdFortune Technology Fund LtdOneCapital Asia Fund I LtdFortune Growth Fund Pte Ltd |
| Footnotes | Notes:This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor (Sponsor), Asian Corporate Advisors Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (Exchange). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that there are no other reasons for the resignation other than those stated in the announcement.This announcement has not been examined or approved by the Exchange and the Exchange 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 Ms Foo Quee Yin.Telephone number: 6221 0271 |