Change - Announcement Of Cessation As Director
20 Nov 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 20, 2024 23:39 |
| Status | New |
| Announcement Sub Title | Cessation as Director |
| Announcement Reference | SG241120OTHRZQUD |
| Submitted By (Co./ Ind. Name) | Liew Meng Ling |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation as Director |
| Additional Details | |
| Name Of Person | Lee Kim Lian, Juliana |
| Age | 57 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 20/11/2024 |
| Detailed Reason (s) for cessation | To facilitate Board renewal following the close of the voluntary general offer by Hanwha Ocean SG Holdings Pte. Ltd. for all the Company's shares and in view of the compulsory acquisition exercise and the delisting of the Company's shares. |
| 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 | 01/06/2018 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 0 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director. |
| Role and responsibilities | Chairperson of Nominating Committee and Remuneration Committee and Member of Audit Committee. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Dension Gas Limited VCPlus Limited Nordic Group Limited |
| Present | Aptus Law Corporation Corporate House Pte. Ltd. Uni-Asia Group Limited BH Global Corporation Limited Mencast Holdings Ltd. |