Announcement Of Cessation As Chief Operating Officer
BackFeb 26, 2013
| Resignation Details | |
| Name Of Person | Varghese John |
| Age | 68 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 25/02/2013 |
| Detailed Reason(s) for Cessation | Re-designated to Chief Corporate and Technical Officer in line with his intention to take on a less demanding role due to his age and health. |
| 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 | 08/02/2011 |
| Job Title | Executive Director |
| Role and Responsibilities | Oversee (1) Quantity Surveyor, (2) Quality Assurance & Quality Control, (3) Safety & Security, (4) Engineering, (5) Human Resource & Admin departments and (6) Overseas Project Management in The Philippines, Brazil and Azerbaijan. |
| 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) | 2 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 2 (including alternate director) |
| Shareholding in the listed issuer and its subsidiaries | 2,000,000 shares. |
| 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) | Nil. |
| Present Directorship | Nil. |
