Announcement Of Cessation As Independent Director

Resignation Details
Name Of Person	Chew Thiam Keng
Age	46
Is Effective Date Of Cessation Known?	Yes
Effective Date Of Cessation	23/07/2008
Detailed Reason(s) for Cessation	Please refer to the announcement relating to "Negotiations for a proposed injection of a new business segment involving the construction-related industry" for further details.
Is there any difference of opinion on material matters between the person and the Board of directors?	No
If yes, please elaborate	NA
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
If yes, please elaborate	NA
Any other relevant information to be provided to shareholders of the listed issuer?	No
If yes, please elaborate	NA
Date of Appointment to current position	30/07/2002
Job Title	Non-Executive Independent Director
Role and Responsibilities	NA
Does the AC have a minimum of 3 members (taking into account this resignation)?	No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)	1
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months	2 (including this cessation)
Interest in the listed issuer and its subsidiaries	NIL
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries	NIL
Other Directorship
Past Directorship (for the last five years)	Refer to Attachment B
Present Directorship	Refer to Appendix A

Attachments

1. Attachment 1 (Size: 262,660 bytes)
2. Attachment 2 (Size: 13,860 bytes)