Announcement Of Cessation As Executive Director

Resignation Details

Name Of PersonAshvin K Raythatha
Is Effective Date Of Cessation Known?Yes
Effective Date Of Cessation09/05/2011
Detailed Reason(s) for CessationHis term of re-appointment as Executive Director (internal Marketing), approved by shareholders at last AGM held on 30 July 2010 expired on 31 March 2011. Eventually, he ceases to be a Director.
Is there any difference of opinion on material matters between the person and the Board of directors?No
If yes, please elaborateNA
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 elaborateNA
Any other relevant information to be provided to shareholders of the listed issuer?No
If yes, please elaborateNA
Date of Appointment to current position01/04/2010
Job TitleExecutive Director – (International Marketing)
Role and ResponsibilitiesExecutive Director – (International Marketing)
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)1
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months1
Shareholding in the listed issuer and its subsidiariesNil
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo familiar relationship.

Other Directorship

Past Directorship (for the last five years)Nil
Present DirectorshipIntermarket (India) Pvt. Ltd.