RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBERS OF AUDIT COMMITTEE, REMUNERATION

Mandy

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. SUGA INTERNATIONAL HOLDINGS LIMITED 信 佳 國 際 集 團 有 限 公 司 (Incorporated in Bermuda with limited liability) (Stock Code : 912) RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBERS OF AUDIT COMMITTEE, REMUNERATION COMMITTEE AND NOMINATION COMMITTEE The Board announces that Mr. Hiroshi MURASE will resign as an independent non-executive director and a member of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 1 April 2009. The Board also announces that Mr. CHAN Kit Wang will be appointed as an independent non-executive director of the Company and a member of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 1 April 2009. The board of directors (the “Board”) of Suga International Holdings Limited (the “Company”) announces that due to his increased devotion to his personal affairs, Mr. Hiroshi MURASE (“Mr. MURASE”) will resign as an independent non-executive director and a member of the audit committee, the remuneration committee and ...

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• Publié par: Illa
• Nombre de lectures: 19
• Langue: English

Extrait

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no

responsibility for the contents of this announcement, make no representation as to its accuracy or

completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in

reliance upon the whole or any part of the contents of this announcement.

SUGA INTERNATIONAL HOLDINGS LIMITED

信 佳 國 際 集 團 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code : 912)

RESIGNATION AND APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND

MEMBERS OFAUDIT COMMITTEE, REMUNERATION COMMITTEE

AND NOMINATION COMMITTEE

The Board announces that Mr. Hiroshi MURASE will resign as an independent non-executive director and a

member of the audit committee, the remuneration committee and the nomination committee of the Company

with effect from 1 April 2009.

The Board also announces that Mr. CHAN Kit Wang will be appointed as an independent non-executive

director of the Company and a member of the audit committee, the remuneration committee and the

nomination committee of the Company with effect from 1 April 2009.

The board of directors (the “Board”) of Suga International Holdings Limited (the “Company”) announces

that due to his increased devotion to his personal affairs, Mr. Hiroshi MURASE (“Mr. MURASE”) will

resign as an independent non-executive director and a member of the audit committee, the remuneration

committee and nomination committee of the Company with effect from 1 April 2009.

Mr. MURASE has confirmed that there is no disagreement with the Board and that there is no matter

relating to his resignation that needs to be brought to the attention of shareholders of the Company (the

“Shareholders”).

The Board also announces that Mr. CHAN Kit Wang (“Mr. CHAN”) will be appointed as an independent

non-executive director of the Company and a member of the audit committee, the remuneration committee

and the nomination committee of the Company with effect from 1 April 2009.

Mr. CHAN Kit Wang, aged 56, graduated from the Hong Kong Polytechnic (now the ‘Hong Kong

Polytechnic University’) in 1977 with a higher diploma in Accountancy. Mr. CHAN is a fellow member of

The Association of Chartered Certified Accountants, associate member of The Hong Kong Institute of

Certified Public Accountants and The Institute of Chartered Accountants in England and Wales. He is now a

senior partner of a certified public accountants firm. Mr. CHAN has over 32 years of working experience in

accounting, auditing and taxation.

Mr. CHAN has not held any directorship in any listed company in the past three years or any position with

the Company and any other members of the Company’s group.

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Mr. CHAN has no interest in the shares of the Company within the meaning of Part XV of the Securities and

Futures Ordinance.

Mr. CHAN does not have any relationship with any other directors, senior management, substantial

Shareholders or controlling Shareholders.

The Company will enter into an appointment letter with Mr. CHAN for a term of one year commencing on 1

April 2009. Mr. CHAN is also subject to retirement and re-election at the first general meeting following his

appointment and thereafter is subject to retirement by rotation and re-election at the annual general meeting

of the Company in accordance with the bye-laws of the Company. Mr. CHAN is entitled to an annual

director’s fee of HK$180,000 , which is determined by reference to his duties and responsibilities with the

Company.

Save as disclosed above, Mr. CHAN is not aware of any other matters that need to be brought to the

attention of the Shareholders in relation to his appointment and any information to be disclosed pursuant to

any of the requirements of rules 13.51(2)(h) to 13.51(2)(v) of the Rules Governing the Listing of Securities

on the Stock Exchange (the “Listing Rules”).

The Board would like to express its thanks to Mr. Hiroshi MURASE for his valuable contribution made to

the Company during his tenure of office and to take this opportunity to welcome Mr. CHAN to join the

Board.

By Order of the Board

Suga International Holdings Limited

NG Chi Ho

Chairman

Hong Kong, 13 March 2009

As at the date this announcement, the executive directors of the Company are Mr. NG Chi Ho, Mr. MA Fung On and

Mr. WONG Wai Lik, Lamson and the independent non-executive directors are Prof. WONG Sook Leung, Joshua, Mr.

Hiroshi MURASE and Mr. LEUNG Yu Ming, Steven