Announcement Of Resignation Of Executive Director

BackFeb 27, 2008
Name * Zhao Ying  
Age * 44  
Effective Date of Resignation * 27-02-2008  
Detailed Reason(s) for resignation *
Ms Zhao was one of the founders of the Company and was Executive Director overseeing the software and related services. In view of the shift in business model to mainly oil exploration and production activities, Ms Zhao has tendered her resignation as a Director of the Company.  
Date of Appointment to current position * 27-04-2004  
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * Executive Director  
Role and responsibilities *
She was responsible for overseeing the day-to-day operations of Group and coordinating Group's sales activities and marketing strategies related.  
Does the AC have a minimum of 3 members (taking into account this resignation)? * Yes 
Number of Independent Directors currently resident in Singapore (taking into account this resignation) *
Number of Resignations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *
>> Other Directorships
Past (for the last five years) *
Guidance Limited  
Present *
China Petrotech Holdings Limited
Guidance Limited  
Shareholding * in the listed issuer and its subsidiaries *
She has a direct interest of 86.5% in Guidance Limited, which in turn owns 31.56% in China Petrotech Holdings Limited.  
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *