Sunvic Chemical : Replace - Change - Announcement Of Cessation Of Independent Director

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	May 5, 2017 19:10
Status	Replace
Announcement Sub Title	Announcement of Cessation of Independent Director
Announcement Reference	SG170505OTHR44XL
Submitted By (Co./ Ind. Name)	Sun Xiao
Designation	Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)	Cessation of Independent Director
Additional Details
Name Of Person	Raymond Ong Sie Hou
Age	46
Is effective date of cessation known?	Yes
If yes, please provide the date	05/05/2017
Detailed Reason (s) for cessation	Mr Raymond Ong Sie Hou retired under Article 89 of the Company's Constitution as he did not seek for re-election as Director of the Company. However, as Mr Ong is the only director who is ordinarily resident in Singapore, he will only vacate office upon appointment of another director who is ordinarily resident in Singapore.
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	27/02/2006
Does the AC have a minimum of 3 members (taking into account this cessation)?	No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)	2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months	4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Independent Director, Chairman of Nominating Committee and member of Audit and Remuneration Committees.
Role and responsibilities	Duties of an Independent Director, as well as duties as Chairman of Nominating Committee and member of Audit and Remuneration Committees as covered in the terms and reference of the respective Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	No
Shareholding interest in the listed issuer and its subsidiaries?	Yes
Shareholding Details	400,000 ordinary shares
Past (for the last 5 years)	AA Group Holdings Ltd.
Present	Kim Heng Offshore & Marine Holdings Ltd