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Change - Announcement of Cessation::CESSATION OF GROUP CHIEF EXECUTIVE OFFICER 17 April 2015
>> Issuer & Securities
Issuer/Manager AP OIL INTERNATIONAL LIMITED  
Security AP OIL INTERNATIONAL LIMITED - SG1K10892752 - 5AU
Stapled Security No

>> ANNOUNCEMENT DETAILS
Announcement Title Change - Announcement of Cessation 
Date & Time of Broadcast 17-Apr-2015 19:49:22
Status New
Announcement Sub Title CESSATION OF GROUP CHIEF EXECUTIVE OFFICER
Announcement Reference SG150417OTHRJEEK
Submitted By (Co./Ind. Name) DR HO LENG WOON
Designation CHAIRMAN
Description (Please provide a detailed description of the event in the box below) Cessation of Dr Ho Leng Woon as the Group Chief Executive Officer

>> Additional Details
Name of Person Ho Leng Woon
Age 67
Is effective date of cessation known? Yes
If yes, please provide the date 01/05/2015
Detailed Reason(s) for cessation

As part of the Group's succession plan, Dr Ho Leng Woon will be stepping down from his current position of Group Chief Executive Officer. The Nominating Committee has nominated and the Board of Directors has approved the appointment of Mr Ho Chee Hon as the new Group Chief Executive Officer.

Dr Ho shall remain as an Executive Director and the Chairman of the Board.

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 06/06/2001
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 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)  Group Chief Executive Officer and Chairman of the Board
Role and responsibilities  Dr Ho Leng Woon was the overall in-charge in managing the entire business of the Group
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries  Spouse of Mdm Lau Woon Chan and Father of Mr Ho Chee Hon
Shareholding interest in the listed issuer and its subsidiaries Yes
Shareholding Details

Holder of 61,406,250 ordinary shares.

Deemed to be interested in the 17,531,250 ordinary shares held in the name of spouse.

Past (for the last 5 years) Nil
Present

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