Announcement Of Cessation As Chief Financial Officer

BackDec 31, 2012
Resignation Details
Name Of Person TAN SU KIM
Age 51
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 31/12/2012
Detailed Reason(s) for Cessation Health reasons
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? Yes
If yes, please elaborate Ms Tan Su Kim will be succeeded by Mr Francis Lai Kum Wai who is currently the Senior Finance and Business Development Manager of the Company. He will assume Ms Tan Su Kim's responsibilities.
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 01/07/2006
Job Title Financial Controller
Role and Responsibilities Executive.
Responsible for:-
1) financial and accounting matters, including the review of monthly reports, analysis of accounts, budget, cash flow, credit control, group consolidation, audit, taxation and compliance with the financial reporting requirements of the Group;

2) personnel and administrative matters; and

3) overseeing the corporate secretarial function of the Group.
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 0
Interest in the listed issuer and its subsidiaries 30,000 shares
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Other Directorship
Past Directorship (for the last five years) None
Present Directorship None
Other Notes
Footnotes The sponsor of the Company, Canaccord Genuity Singapore Pte. Ltd. (the "Sponsor") is satisfied that there are no other reasons for Ms Tan Su Kim's departure.

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). Canaccord Genuity Singapore Pte. Ltd. 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 contact person for the Sponsor is Mr Alex Tan, Managing Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 68546160.