Announcement Title Change - Announcement of Cessation
Announcement Subtitle Retirement of Group Chief Executive Officer and Executive Director
Securities AURIC PACIFIC GROUP LIMITED (AURIC)
Date & Time of Broadcast Jan 27, 2015 19:13
Submitted By Tan T'eng Ta' Benedict
Company Secretary
Description Auric Pacific Group Limited announces retirement of Ms Saw Phaik Hwa as Group Chief Executive Officer and Executive Director
Cessation Details
Name of person Saw Phaik Hwa
Age 60
Is effective date of cessation known? Yes
Effective date for cessation Apr 30, 2015
Detailed reason(s) for cessation Please see attached.
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 1, 2012
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 0
Job Title Group Chief Executive Officer and Executive Director
Role and responsibilities Responsible for the overall strategic direction, business, growth and operations of the Group.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Nil
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details 550,000 shares
Other directorships
Past (for the last 5 years) Please see attached.
Present Please see attached.
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