Valuetronics : Cessation of Senior Business Unit Manager

Issuer/ Manager

VALUETRONICS HOLDINGS LIMITED

Securities

VALUETRONICS HOLDINGS LIMITED ­ BMG9316Y1084 ­ BN2

Stapled Security

No

Announcement Title

Change ­ Announcement of Cessation

Date & Time of Broadcast

26­May­2015 18:38:07

Status

New

Announcement Sub Title

Cessation of Senior Business Unit Manager

Announcement Reference

SG150526OTHR45OZ

Submitted By (Co./ Ind. Name)

Tse Chong Hing

Designation

Chairman and Managing Director

Description (Please provide a detailed description of the event in the box below)

Cessation of Senior Business Unit Manager

Name Of Person

Lau Tak Wah

Age

55

Is effective date of cessation known?

Yes

If yes, please provide the date

31/05/2015

Detailed Reason (s) for cessation

Due to health condition.

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

01/06/2009

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.)

Senior Business Unit Manager

Mr. Lau is one of the Group's Senior Business Unit Managers and he is

Role and responsibilities

responsible for the overall business management for one of the Group's

business units.

Familial relationship with any director and/ or substantial shareholder of the listed issuer

or of any of its principal subsidiaries

N/A

Shareholding interest in the listed issuer and its subsidiaries?

No

Past (for the last 5 years)

Nil

Present

Nil