Change - Announcement Of Cessation As Non-Executive Director

Announcement Title	Change - Announcement of Cessation
Announcement Subtitle	Announcement of Cessation as Non-Executive Director
Securities	STRACO CORPORATION LIMITED (STRACO)
Date & Time of Broadcast	Nov 17, 2014 17:27
Submitted By	Lotus Isabella Lim Mei Hua Company Secretary
Description	Announcement of cessation of Mr Chen Hong Sheng as Non-Executive Director
Cessation Details
Name of person	Chen Hong Sheng
Age	64
Is effective date of cessation known?	Yes
Effective date for cessation	Nov 13, 2014
Detailed reason(s) for cessation	Due to his retirement
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	Jul 1, 2010
Does the AC have a minimum of 3 members (taking into account this cessation)?	Yes
Number of independent directors currently resident in Singapore (taking this account this cessation)	4
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months	0
Job Title	Non-Executive Director
Role and responsibilities	Fulfilling the responsibilities of a Non-Executive Director
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries	Nil
Shareholdings interest in the listed issuer and its subsidaries?	No
Other directorships
Past (for the last 5 years)	China Poly Group Corporation Poly (Hong Kong) Investments Limited Poly (Hong Kong) Holdings Limited Poly Culture Group Share Corporation Limited Poly Energy Holding Co., Ltd
Present	Nil