Announcement Of Cessation As Non-Executive Director

Resignation Details
Name Of Person	He Ping
Age	64
Is Effective Date Of Cessation Known?	Yes
Effective Date Of Cessation	01/07/2010
Detailed Reason(s) for Cessation	Due to his retirement.
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	18/07/2003
Job Title	Non-Executive Director
Role and Responsibilities	Fulfilling the duties of Director and as a Non-Executive Director
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 cessation)	3
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months	0
Shareholding in the listed issuer and its subsidiaries	Ordinary Shares: Direct Interest: 200,000 shares Number of Options held: 660,000
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries	None
Other Directorship
Past Directorship (for the last five years)	- China Poly Group Corporation - Poly (Hong Kong) Holdings Limited - Poly (Hong Kong) Investments Limited
Present Directorship	None