Change - Announcement of Cessation::Cessation of Independent Director
Issuer & Securities
Issuer/ ManagerFALCON ENERGY GROUP LIMITED
SecuritiesFALCON ENERGY GROUP LIMITED - SG1Q49922319 - 5FL
FALCON ENERGYS$50M3.5%N200919 - SG6SJ3000005 - 16NB
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast01-Nov-2017 20:54:19
StatusNew
Announcement Sub TitleCessation of Independent Director
Announcement ReferenceSG171101OTHR2JNH
Submitted By (Co./ Ind. Name)Tan Pong Tyea
DesignationChairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Cessation of Independent Director
Additional Details
Name Of PersonLim Kuan Meng
Age47
Is effective date of cessation known?Yes
If yes, please provide the date01/11/2017
Detailed Reason (s) for cessationTo pursue other interests
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 position08/03/2015
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 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, Chairman of Nominating Committee, and Member of Audit and Remuneration Committees
Role and responsibilitiesIndependent Director, Chairman of Nominating Committee, and Member of Audit and Remuneration Committees
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNone
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)None
PresentTRIYARDS HOLDINGS LIMITED
SUN SUPERIOR HOLDING PTE LTD
SUNPOWER INTERNATIONAL HOLDING (SINGAPORE) PTE LTD
PINNACLE FINANCIAL ADVISORY SERVICES PTE LTD
JB CHUA & CO
PINNACLE PARTNERSHIP LLP