Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Jan 31, 2020 22:46
Status	New
Announcement Sub Title	Announcement of Cessation of Independent Director
Announcement Reference	SG200131OTHRDMVX
Submitted By (Co./ Ind. Name)	Nantika Ninvoraskul
Designation	Company Secretary
Description (Please provide a detailed description of the event in the box below)	Announcement of Cessation of Independent Director
Additional Details
Name Of Person	Mr. Michael Lau Hwai Keong
Age	59
Is effective date of cessation known?	Yes
If yes, please provide the date	31/01/2020
Detailed Reason (s) for cessation	Retired by rotation and stated the intention not to offer himself up for re-election as Director.
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	27/03/2006
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)	2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months	3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Independent Director
Role and responsibilities	Independent Director
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?	No
Past (for the last 5 years)	2006 - January 2020: Independent Director, Thai Beverage Public Company Limited 2019 - Present: Independent Director, Sing Investments & Finance Limited Present: Managing Director, Advisory Services, Octagon Advisors Pte. Ltd. Present: Director, Octagon Advisors (Shanghai) Co. Ltd. Present: A member of the Advisory Council, PrivEx Inc.
Present	2006 - January 2020: Independent Director, Thai Beverage Public Company Limited 2019 - Present: Independent Director, Sing Investments & Finance Limited Present: Managing Director, Advisory Services, Octagon Advisors Pte. Ltd. Present: Director, Octagon Advisors (Shanghai) Co. Ltd. Present: A member of the Advisory Council, PrivEx Inc.