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 Sub Title | CESSATION OF CHIEF DEVELOPMENT OFFICER |
| 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 | |
| Name Of Person | SATISH MALIK |
| 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 |
