Change - Announcement Of Cessation Of Chief Development Officer

BackDec 13, 2019
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Dec 13, 2019 17:11
Status New
Announcement Reference SG191213OTHRWOBZ
Submitted By (Co./ Ind. Name) LIM TJEW YOK
Designation DIRECTOR
Description (Please provide a detailed description of the event in the box below) CESSATION OF CHIEF DEVELOPMENT OFFICER
Additional Details
Age 67
Is effective date of cessation known? Yes
If yes, please provide the date 11/12/2019
Detailed Reason (s) for cessation RESIGNATION
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 17/09/2018
Does the AC have a minimum of 3 members (taking into account this cessation)? 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) or Catalist Rule 704 (6) over the past 12 months 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Development Officer
Role and responsibilities Mr Satish Malik is responsible for global business development, alliances and partnerships, with special focus at projects that consist of Engineering, Procurement and Construction.
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? Yes
Shareholding Details 140,000 via CPF Investment Account
Past (for the last 5 years) Kellogg Brown and Root Asia Pacific Pte Ltd (July 2010 to June 2018)
Kellogg Brown and Root Consultancy (M) Sdn Bhd (July 2010 to June 2018)
Present Nil