Announcement Of Cessation As Executive Officer

Dec 28, 2010
Resignation Details
Name Of Person Edward Ho Juan Hee
Age 49
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 01/01/2011
Detailed Reason(s) for Cessation Mr Ho has decided to pursue his own interest, but will continue to act as a consultant to the Group's China operations.
Is there any difference of opinion on material matters between the person and the Board of directors? 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
If yes, please elaborate NA
Any other relevant information to be provided to shareholders of the listed issuer? No
If yes, please elaborate NA
Date of Appointment to current position 28/02/1998
Job Title Managing Director - Greater China Operations
Role and Responsibilities Mr Ho was responsible for all aspects of the Group's operations in the Greater China.
Does the AC have a minimum of 3 members (taking into account this resignation)? 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) over the past 12 months Nil
Shareholding in the listed issuer and its subsidiaries Mr Ho is deemed interested in 2,245,573 shares of Kingsmen Creatives Ltd held by his wife, Ms Tan Ai Lin.
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries None.
Other Directorship
Past Directorship (for the last five years) NA
Present Directorship NA
Other Notes
Footnotes Mr Michael Ng will be appointed to takeover the responsibilities of Mr Edward Ho with effect on 1 January 2011.