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Change - Announcement Of Cessation Of Independent Director (Mr Konstantinos Courcoubetis)
BackApr 29, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 29, 2022 22:08 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Independent Director (Mr Konstantinos Courcoubetis) |
| Announcement Reference | SG220429OTHRTCQ2 |
| Submitted By (Co./ Ind. Name) | Efstathios Topouzoglou |
| Designation | Non-Independent Non-Executive Chairman |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Cessation of Independent Director (Mr Konstantinos Courcoubetis) |
| Additional Details | |
| Name Of Person | Konstantinos Courcoubetis |
| Age | 67 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2022 |
| Detailed Reason (s) for cessation | Mr Konstantinos Courcoubetis resigned as a director due to his heavy workload in his new position in China and the COVID-19 travel restrictions in China limit his personal interaction with the rest of the Board. |
| 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 | 06/11/2019 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director |
| Role and responsibilities | Assumed the roles and responsibilities of an Independent Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | None |
| Present | None |