| Name of person * | |
| Age * | 40 |
| Is Effective Date of Cessation known? * | Yes |
| If yes, please provide the date * | 10/01/2014 |
| Detailed Reason(s) for cessation * | Resigned to pursue other business opportunities.
Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr George Wong Chow Yew as the Chief Operating Officer of the Group. |
| 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 |
| If yes, please elaborate * | NA |
| 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 elaborate * | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? * | Yes |
| If yes, please elaborate * | Mr Soon Jeffrey, the General Manager (Sales & Operations) of Heatec Jietong Pte Ltd, a wholly-owned subsidiary of the Company, will be overseeing the Company's sales, operations for Heat Exchangers and skids, business development planning and initiatives pursuant to the cessation of Mr George Wong Chow Yew. |
| Date of Appointment to current position * | 10/01/2011 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * | Chief Operating Officer |
| Role and responsibilities * | Mr Wong is responsible for the Company's sales, operations for Heat Exchangers and skids, business development planning and initiatives. |
| 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) * | 4 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months * | 1 |
