Thursday, April 10, 2014

Company announcements: KitchenCulture, Sysma, BanyanTree, Otto Marine, Hi-P

KitchenCulture - Change - Announcement of Cessation::Announcement of Cessation of Executive Director

Announcement Type: Announcement of Cessation
Company: KITCHEN CULTURE HOLDINGS LTD.
Stock Code/Name: 5TI - KitchenCulture

Change - Announcement of Cessation::Announcement of Cessation of Executive Director
Issuer & Securities
Issuer/ ManagerKITCHEN CULTURE HOLDINGS LTD.
SecuritiesKITCHEN CULTURE HOLDINGS LTD. - SG2D45972171 - 5TI
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast10-Apr-2014 17:18:16
StatusNew
Announcement Sub TitleAnnouncement of Cessation of Executive Director
Announcement ReferenceSG140410OTHRF1N3
Submitted By (Co./ Ind. Name)Lim Wee Li
DesignationExecutive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Canaccord Genuity Singapore Pte. Ltd., after having interviewed Mr Lim, is satisfied that other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Lim.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Canaccord Genuity Singapore Pte. Ltd., 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, Chief Executive Officer, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.
Additional Details
Name Of PersonLim Han Li
Age45
Is effective date of cessation known?Yes
If yes, please provide the date28/04/2014
Detailed Reason (s) for cessationTo pursue personal interests
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?Yes
If Yes, Please provide full detailsMr Lim will not be seeking re-election and will retire as Director at the conclusion of the forthcoming annual general meeting of the Company. Following his cessation as Director, Mr Lim will continue his employment with the Company as an advisor until June 2014.

The Board of Directors of the Company is of the view that there will be continued smooth functioning of the Group subsequent to Mr Lim's cessation.
Date of Appointment to current position25/03/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?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) or Catalist Rule 704 (6) over the past 12 months1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Executive Director
Role and responsibilitiesResponsible for the implementation and coordination of strategies and policies.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesMr Lim is the brother of Mr Lim Wee Li, the Executive Chairman and Chief Executive Officer of the Company.
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding DetailsMr Lim holds 8,300,000 ordinary shares in the share capital of the Company as at the date of this announcement.
Past (for the last 5 years)Please refer to attached
PresentPlease refer to attached
Attachments



Sysma - Asset Acquisitions and Disposals::COMPLETION OF ACQUISITION OF ITS NEW PETROLEUM PRODUCTS FACILITY

Announcement Type: Asset Acquisitions and Disposals
Company: SYSMA HOLDINGS LIMITED
Stock Code/Name: 5UO - Sysma

Asset Acquisitions and Disposals::COMPLETION OF ACQUISITION OF ITS NEW PETROLEUM PRODUCTS FACILITY
Issuer & Securities
Issuer/ ManagerSYSMA HOLDINGS LIMITED
SecuritiesSYSMA HOLDINGS LIMITED - SG2F06984247 - 5UO
Announcement Details
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast10-Apr-2014 17:33:09
StatusNew
Announcement Sub TitleCOMPLETION OF ACQUISITION OF ITS NEW PETROLEUM PRODUCTS FACILITY
Announcement ReferenceSG140410OTHRYZ2C
Submitted By (Co./ Ind. Name)SIN SOON TENG
DesignationEXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)Please refer to the attached document.
Attachments



BanyanTree - Cash Dividend/ Distribution::Mandatory

Announcement Type: Cash Dividend/ Distribution
Company: BANYAN TREE HOLDINGS LIMITED
Stock Code/Name: B58 - BanyanTree

Cash Dividend/ Distribution::Mandatory
Issuer & Securities
IssuerBANYAN TREE HOLDINGS LIMITED
SecurityBANYAN TREE HOLDINGS LIMITED - SG1T49930665 - B58
Announcement Details
Announcement Title Mandatory Cash Dividend/ Distribution
Date & Time of Broadcast10-Apr-2014 17:17:48
StatusNew
Corporate Action ReferenceSG140410DVCAYP3U
Submitted By (Co./ Ind. Name)Jane Teah
DesignationCompany Secretary
Dividend/ Distribution NumberValue
Value5
Dividend/ Distribution TypeFinal
Declared Dividend Rate (Per Share)SGD 0.01
Event Narrative
Narrative TypeNarrative Text
Additional TextPlease see attached.
Event Dates
Record Date and Time07/05/2014 17:00:00
Ex Date05/05/2014
Dividend Details
Payment TypeTax Exempted (1-tier)
Pay Date22/05/2014
Attachments



Otto Marine - General Announcement::INCORPORATION OF SUBSIDIARIES

Announcement Type: General Announcement
Company: OTTO MARINE LIMITED
Stock Code/Name: G4F - Otto Marine

General Announcement::INCORPORATION OF SUBSIDIARIES
Issuer & Securities
Issuer/ ManagerOTTO MARINE LIMITED
SecuritiesOTTO MARINE LIMITED - SG1X59941754 - G4F
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast10-Apr-2014 17:42:31
StatusNew
Announcement Sub TitleINCORPORATION OF SUBSIDIARIES
Announcement ReferenceSG140410OTHRT0Z9
Submitted By (Co./ Ind. Name)MICHAEL SEE KIAN HENG
DesignationGROUP EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)Please see attached.
Attachments



Hi-P - Financial Statements and Related Announcement::Notifications of Result Release

Announcement Type: Financial Statements
Company: HI-P INTERNATIONAL LIMITED
Stock Code/Name: H17 - Hi-P

Financial Statements and Related Announcement::Notifications of Result Release
Issuer & Securities
Issuer/ ManagerHI-P INTERNATIONAL LIMITED
SecuritiesHI-P INTERNATIONAL LIMITED - SG1O83915098 - H17
Announcement Details
Announcement Title Financial Statements and Related Announcement
Date & Time of Broadcast10-Apr-2014 17:37:44
StatusNew
Announcement Sub TitleNotifications of Result Release
Announcement ReferenceSG140410OTHR56KR
Submitted By (Co./ Ind. Name)Yao Hsiao Tung
Designation Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)Please refer to attachment.
Additional Details
For Financial Period Ended31/03/2014
Attachments



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