News
Change - Announcement Of Retirement Of Independent Non-Executive Director - Dr Christopher Atkinson
BackMar 27, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 27, 2024 7:13 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Non-Executive Director - Dr Christopher Atkinson |
| Announcement Reference | SG240327OTHRU3RI |
| Submitted By (Co./ Ind. Name) | John d'Abo |
| Designation | Executive Vice Chairman |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Dr Christopher Atkinson ("Dr Christopher") as Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Christopher David Atkinson |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 25/04/2024 |
| Detailed Reason (s) for cessation | Dr Christopher has served on the Board of Directors (the "Board") for more than nine years since his appointment as Director of the Company on 6 January 2015. As part of the board renewal process, Dr Christopher has indicated to the Board that he will not be seeking for re-election at the forthcoming annual general meeting to be held on 25 April 2024 ("AGM"). He will accordingly retire as an Independent Non-Executive Director of the Company upon conclusion of the AGM. |
| 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 | 06/01/2015 |
| 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 months | 4 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director |
| Role and responsibilities | Roles and responsibilities as Independent Non-Executive Director |
| 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 | 400,000 ordinary shares (representing 0.031% shareholding interest) in Rex International Holding Limited |
| Past (for the last 5 years) | Directorships and Other Principal Commitments - Sonoro Energy Limited - ETPM Singapore Pte. Ltd. - Bambusee Pte. Limited - Worldwide Petroleum Services Pte Ltd |
| Present | Directorships and Other Principal Commitments - Helios Aragon Pte Limited - Spice Islands Liquors Pte Limited - Far East Gold Ltd - Lime Petroleum AS - Masirah Oil Ltd |