Announcement Of Cessation As Chief Financial Officer

Name Of Person
Leung Kai Yin

Age
44

Is effective date of cessation known?
Yes

If yes, please provide the date
12/04/2012

Detailed Reason (s) for cessation
To 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

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?
No

If yes, please elaborate *
NA

Date of Appointment to current position
12/04/2011

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Financial Controller

Role and responsibilities
Mr Leung oversees the Group's financial management and strategic formulation in line with the expansion of the Group's activities.

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 months
2

Interest * in the listed issuer and its subsidiaries
Nil

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil

OTHER DIRECTORSHIPS
Past (for the last 5 years)
1. YOU 2 PTE LTD 2. MOBITRAK SDN BHD 3. ALVITUS PTY LTD 4. ITECPLACE PTE LTD 5. ITECPLACE CAPITAL PTY LTD

Present
1. AUDENTE PTE LTD