Resignation Details
Name Of Person Kusnadi Lybianto
Age 80
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 15/10/2012
Detailed Reason(s) for Cessation Mr Lynianto will relinquish his role as the Non-Executive Chairman as part of the reconstitution of the board of directors. Mr Wang Sen will be taking over as Non-Executive Chairman and Mr Chew Hing Ching will be appointed as Deputy Non-Executive Chairman (Please refer to the separate announcements made on Mr Wang and Mr Chew).
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 13/09/2005
Job Title Non-Executive Director
Role and Responsibilities He was tasked with the leadership of the Board. Member of the Audit, Nominating and Remuneration Committees.
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 4
Shareholding in the listed issuer and its subsidiaries 29,401,660 ordinary shares
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Mr Tommy Lybianto who is a son of Mr Kusnadi Lybianto was appointed as alternate director of Mr Kusnadi Lybianto on 10 April 2012.
Other Directorship
Past Directorship (for the last five years) None
Present Directorship Fujian Aton Advanced Materials Science and Technology Co., Ltd.
One Sea Development Ltd.
Chengde Aton Plastics Co., Ltd.
Yatong Plastic (Hubei) Co., Ltd.
Inner Mongolia Aton Plastics Co., Ltd.
Yatong Plastic & Rubbers (Kaifeng) Co., Ltd.
Jiamusi Auton Advanced Materials Technology Co., Ltd.
Fujian Yatai Building Materials Co., Ltd.
PT Hengtraco Tehnik Indonesia

distributed by