Announcements
Change - Announcement Of Retirement Of Non-Executive Chairman - Dato' Abdul Rahman Bin Yusof
Sep 21, 2017
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Retirement of Non-Executive Chairman - Dato' Abdul Rahman Bin Yusof |
| Securities | CMC INFOCOMM LIMITED (CMCINFO) |
| Date & Time of Broadcast | Sep 21, 2017 19:11 |
| Submitted By | Qian Zimin Chief Executive Officer |
| Description | This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "Exchange"). The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange 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. Ong Hwee Li (Telephone: 65-6532 3829) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542. SAC Capital Private Limited is the parent company of SAC Advisors Private Limited. |
| Cessation Details | |
| Name of person | Dato' Abdul Rahman Bin Yusof |
| Age | 62 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 21, 2017 |
| Detailed reason(s) for cessation | There has been a change in Controlling Shareholder of the Company, and as a result, a change to the composition of the Board. Dato' Abdul Rahman Bin Yusof's retirement from the Board of Directors is to facilitate the appointment of new Board Members nominated by the new Controlling Shareholder, Yinda Pte. Ltd. |
| 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 | Jul 14, 2015 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 3 |
| Job Title | Non-Executive Chairman and a member of the Nominating Committee. |
| Role and responsibilities | Provides strategic direction and formulates business and corporate policies and strategies for the continual growth of the Group. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Father of Mr Hazwan Alif Abdul Rahman. |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | Dato' Abdul Rahman Bin Yusof is deemed to have an interest in 7,448,000 shares held by CMC Engineering Sdn. Bhd. and 500,000 shares held by Ray Venture Inc (through its nominee, Citibank Nominees Singapore Pte Ltd), by virtue of Section 7 of the Companies Act. He is also deemed to be interested in 150,000 shares held by his wife, Adilah Binti Abdullah (through her nominee, CIMB Securities (Singapore) Pte Ltd) by virtue of Section 7 of the Companies Act. |
| Other directorships | |
| Past (for the last 5 years) | Affinity Cartel Sdn. Bhd. Cabline Corporation Sdn. Bhd. CMC Engineering UK Limited Dedicated Network Solutions Sdn Bhd Foremost Prestige Sdn Bhd Jet-Ace Sdn. Bhd. Pacific Broadband Network Sdn Bhd TEE Resources Sdn Bhd Trans-Tel Engineering (M) Sdn Bhd CMC Communication (Singapore) Pte Ltd (nka: Yinda Technology (Singapore) Pte. Ltd.) CMC Communication (Thailand) Co., Ltd (nka: Yinda Technology (Thailand) Pte Ltd) |
| Present | CMC Communications (Philippines), Inc. ARY Venture Inc Pte. Ltd. ARY Venture Sdn. Bhd. CMC Engineering Sdn. Bhd. CMC Group Sdn. Bhd. CMTE Technology Sdn. Bhd. Malaysia Institute of Directors PJ Development Holdings Berhad Srikom Corporation Sdn. Bhd. Stan-Bumi Sdn. Bhd. Terbit Erat Engineering & Services Sdn. Bhd. Uni-way Technology (Sabah) Sdn. Bhd. |