Change - Announcement of Cessation::Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
OCEANUS GROUP LIMITED
Securities
OCEANUS GROUP LIMITED - SG1M80907371 - 579
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Feb-2019 23:22:37
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG190202OTHR72G3
Submitted By (Co./ Ind. Name)
Peter Koh Heng Kang
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Mr Wong has resigned as Independent Non-Executive Director of the Company to devote more time to his other work commitments.

Additional Details

Name Of Person
Wong Ann Chai
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2019
Detailed Reason (s) for cessation
Mr Wong has resigned as Independent Non-Executive Director of the Company to devote more time to his other work commitments.
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
13/04/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and Chairman of the Nominating Committee and the Remuneration Committee
Role and responsibilities
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
Direct Interest in the Company s shares 5,635,087 ordinary shares
Past (for the last 5 years)
NA
Present
Nanosun Pte Ltd