Announcement Title |
Change - Announcement of Cessation |
Date & Time of Broadcast |
Mar 14, 2025 18:35 |
Status |
New |
Announcement Sub Title |
Announcement of Cessation of Independent Director (Mr Michael John Oliver) |
Announcement Reference |
SG250314OTHRRSBN |
Submitted By (Co./ Ind. Name) |
Mr. 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 Michael John Oliver) |
Additional Details |
Name Of Person |
Michael John Oliver |
Age |
76 |
Is effective date of cessation known? |
Yes |
If yes, please provide the date |
31/03/2025 |
Detailed Reason (s) for cessation |
Mr Michael John Oliver has retired as an Independent 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 |
26/06/2013 |
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 Director; Chairman of the Nominating Committee and the Remuneration Committee and member of Audit and Risk Committee. |
Role and responsibilities |
Assumed the roles and responsibilities of an Independent Director and Chairman of the Nominating Committee and the Remuneration Committee and member of Audit and Risk Committee. |
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 |