Design Studio

Newsroom

News

Email This Print This

Change - Announcement Of Cessation Of Non-Executive Director And Member Of Audit Committee

BackSep 22, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE
Securities DESIGN STUDIO GROUP LTD. (DESI STU)
Date & Time of Broadcast Sep 22, 2016 17:13
Submitted By Hazel Chia
Company Secretary
Description CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF THE AUDIT COMMITTEE
Cessation Details
Name of person MUHAMMAD UMAR SALEEM
Age 45
Is effective date of cessation known? Yes
Effective date for cessation Sep 21, 2016
Detailed reason(s) for cessation Mr Muhammad Umar Saleem has resigned as Group CFO of Depa Limited, the ultimate controlling shareholder 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 Nov 9, 2010
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
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 2
Job Title Non-Executive Director and Audit Committee Member
Role and responsibilities Non-executive
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries No
Shareholdings interest in the listed issuer and its subsidaries? No
Other directorships
Past (for the last 5 years) DDS Asia Holdings Pte Ltd
Present Nil