Change - Announcement Of Cessation :: Cessation Of Chief Executive Officer

BackSep 25, 2014
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Sep 25, 2014 7:09
Submitted By Ong Beng Hong
Company Secretary
Description This announcement has been prepared by Cedar Strategic Holdings Ltd. (the ''Company'') and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte. Ltd. (the ''Sponsor''), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (''SGX-ST''). The Sponsor 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 Company's Sponsor is Mr Ng Joo Khin whose details are set out below:
Telephone number: +65 6389 3000
Cessation Details
Name of person Soh Chun Bin
Age 40
Is effective date of cessation known? Yes
Effective date for cessation Sep 30, 2014
Detailed reason(s) for cessation To pursue other career opportunities.
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 16, 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) 3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 5
Job Title Chief Executive Officer.
Role and responsibilities Mr Soh was responsible for the overall management and profitability of the Company and its subsidiaries.
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 100,000,000 shares
Other directorships
Past (for the last 5 years) West Themes Pte Ltd
Yess Le Green Pte. Ltd
Stamford Corporate Services Pte. Ltd.
Asia Fashion Holdings Limited
Asia Paper Group Ltd. (Struck off)
Present Geo Energy Resources Limited
Triyards Holdings Limited
7Five Capital Pte. Ltd.
Isoteam Ltd.