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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 7, 2020 18:28 |
| Status | New |
| Announcement Sub Title | CESSATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG200107OTHR3V5J |
| Submitted By (Co./ Ind. Name) | Sharon Yeoh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Independent Non-Executive Director This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Tan Cher Ting, Director, Investment Banking, CIMB Bank Berhad, Singapore Branch at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 6337 5115. |
| Additional Details | |
| Name Of Person | Goh Boon Kok |
| Age | 79 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 07/01/2020 |
| Detailed Reason (s) for cessation | The Company has been notified of Mr Goh Boon Kok's incapacity due to health condition and has accordingly relieved Mr Goh Boon Kok of his duties as an Independent Non-Executive Director of the Company with immediate effect. Based on its enquiries, the Company's Sponsor, CIMB Bank Berhad, Singapore Branch is satisfied that, save as disclosed in this announcement, there appears to be no other material reason for the cessation of Mr Goh Boon Kok as an Independent Non-Executive Director of the Company. |
| 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 | 21/03/2013 |
| 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) | 2 |
| 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 Non-Executive Director Chairman of Nominating Committee Member of Audit Committee Member of Remuneration Committee |
| Role and responsibilities | Independent Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Magnus Energy Group Limited Pan Asian Holdings Limited W D Moore (2013) Pty Ltd Super Group Pte. Ltd. (f.k.a Super Group Limited) Goh Boon Kok & Co RZ Capital Pte. Ltd. Himley & Hawkins Ltd. |
| Present | Venture Consulting Enterprise Pte. Ltd. GBK Company |