ANNOUNCEMENT OF CESSATION
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ANNOUNCEMENT OF CESSATION AS EXECUTIVE CHAIRMAN *
* Asterisks denote mandatory information
Name of Announcer * | SMB UNITED LIMITED |
Company Registration No. | 199506364D |
Announcement submitted on behalf of | SMB UNITED LIMITED |
Announcement is submitted with respect to * | SMB UNITED LIMITED |
Announcement is submitted by * | Toh Kian Poh |
Designation * | Company Secretary |
Date & Time of Broadcast | 27-Feb-2012 22:15:13 |
Announcement No. | 00210 |
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person * | Lee Phuan Weng |
Age * | 65 |
Is Effective Date of Cessation known? * | Yes |
If yes, please provide the date * | 27-02-2012 |
Detailed Reason(s) for cessation * | Mr Lee Phuan Weng has resigned pursuant to the undertaking given to Osaki Electric Co., Ltd. ("Osaki") to, inter alia, accept the voluntary cash offer by Osaki for SMB United Limited in respect of the shares held by him. |
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 |
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 * | 07-09-1995 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * | Executive Chairman and Member of the Nominating Committee |
Role and responsibilities * | Assumed the roles and responsibilities of an Executive Chairman and a member of the Nominating Committee. |
Does the AC have a minimum of | Yes |
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ANNOUNCEMENT OF CESSATION
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3 members (taking into account this cessation)? * | |
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 months * | 1 (including this cessation) |
Interest* in the listed issuer and its subsidiaries *
Nil
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
Brother of Lee Kwang Mong (Non-Executive Director) and Lee Yong Heng (Executive Director); Father of Lawrence Lee Wee Hian (Executive Director and CEO).
>> OTHER DIRECTORSHIPS
Past (for the last 5 years) * | MW Dynamics Pte Ltd |
Present * | Bridex Singapore Pte Ltd EDMI Limited Eswitch Engineering Pte Ltd Mac Electric (S) Pte Ltd Quantum Automation (Asia) Pte Ltd Quantum Automation Pte Ltd Quantum Security Systems Pte Ltd SMB Electric Harwal Pte Ltd SMB Electric Industries Pte Ltd SMB Electric Pte Ltd SMB Electric Systems Pte Ltd SMB Technologies Pte Ltd SMB Technology & Industries Pte Ltd Soundtex Switchgear & Engineering Pte Ltd Advance Act Sdn Bhd Brighten Switchboard Builders (M) Sdn Bhd SMB Brighten Switchboard Engineering Sdn Bhd SMB Switchgear & Engineering Sdn Bhd SMB United Industries Sdn Bhd SMB Electric (Xiamen) Co., Ltd SMB Harwal Electric Pty Ltd Bridex Malaysia Sdn Bhd QA Systems Integration (M) Sdn Bhd Quantum Automation Systems (Shanghai) Co., Ltd EDMI Meters Sdn Bhd EDMI Pty Ltd EDMI International Trading (Shanghai) Co., Ltd |
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