| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Dr Choong Chow Siong as an Independent Director |
| Securities | EMERGING TOWNS&CITIES SING LTD (ETCSING) |
| Date & Time of Broadcast | Jan 11, 2019 19:39 |
| Submitted By | Tan Swee Gek Company Secretary |
| Description | This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 details of the contact person for the Sponsor is: Name: Nathaniel C.V. (Registered Professional, RHT Capital Pte. Ltd.) Address: 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619 Tel: 6381 6757 |
| Cessation Details | |
| Name of person | Choong Chow Siong |
| Age | 65 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Jan 11, 2019 |
| Detailed reason(s) for cessation | Cessation as a Director due to health reasons. The Board of Directors thanks Dr Choong Chow Siong for his contributions and dedication to the Company. Based on its enquiries, the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Dr Choong Chow Siong 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 |
| 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 | May 25, 2018 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 2 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 4 |
| Job Title | Independent Director |
| Role and responsibilities | Non-Executive Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | AnnAik Limited China Digital Video (Singapore) Pte. Ltd. China Digital Video (Beijing) Limited DLF Holdings Limited Viva Industrial Trust |
| Present | Straco Corporation Limited CSI & Co. PAC CSJPA Advisory Pte. Ltd. C.S. Choong & Co. PAC |