Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Issuer/ Manager
CH OFFSHORE LTD - SG1N22909146 - C13
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Feb-2015 17:43:55
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
Submitted By (Co./ Ind. Name)
Valerie Tan May Wei
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Non-Executive Director

Additional Details

Name Of Person
Peh Kwee Chim
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Peh's cessation as Director is with effect at 5.30 p.m. on 27 February 2015. His cessation is pursuant to the Deed of Undertaking dated 9 February 2015 provided by Chuan Hup Holdings Limited to Energian Pte. Ltd.,a wholly-owned subsidiary of Falcon Energy Group Limited, in relation to the voluntary unconditional cash offer by CIMB Bank Berhad, Singapore Branch, for and on behalf of Energian Pte. Ltd. (the "Offeror" ), to acquire all the issued and paid-up ordinary shares in the capital of CH Offshore Ltd. other than those already owned, controlled or agreed to be acquired by the Offeror.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Peh Kwee Chim is the father of Mr Peh Siong Woon Terence (Alternate Director to Mr Peh Kwee Chim).
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1. Scomi Marine Berhad
2. Dredging International Asia Pacific Pte Ltd
3. Walnut Pte. Ltd. (Dissolved - Members' voluntary winding up)
1. Chuan Hup Holdings Limited
2. PCI Limited
3. ProVest Holdings Pte. Ltd.
4. ProVest Global Pte. Ltd.
5. Chuan Hup Incorporated
6. Printed Circuits International Pte Ltd
7. PCI Displays Pte Ltd
8. Polymicro Corporation (Singapore) Pte Ltd
9. Amplysource Pte Ltd