Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
HALCYON AGRI CORPORATION LIMITED
Securities
HALCYON AGRI CORPORATION LTD - SG2F48989824 - 5VJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Feb-2022 19:10:15
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG220225OTHRXL84
Submitted By (Co./ Ind. Name)
Liew Guat Yi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Alan Rupert Nisbet ("Mr Nisbet"), who will retire from office by rotation in the Company's annual general meeting in respect of the financial year ended 31 December 2021 ("2022 AGM") pursuant to Regulation 91 of the Constitution of the Company, has indicated that he will not be seeking re-election as a Director of the Company.

Additional Details

Name Of Person
ALAN RUPERT NISBET
Age
71
Is effective date of cessation known?
No
If No, please advise when the date will be announced
The effective date of retirement will be the date of the 2022 AGM. Announcement will be made upon conclusion of the 2022 AGM.
Detailed Reason (s) for cessation
Mr Nisbet sits on the Company's Board of Directors (the "Board") as an Independent Director for a continuous period of more than nine (9) years. He has expressed his intention to retire at the 2022 AGM and will not be seeking re-election, to support progressive renewal of the Board.
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
07/01/2013
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)
3
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.)
Lead Independent Director; Chairman of Audit Committee; Member of Nominating, Remuneration as well as the Strategy and Investment Committees
Role and responsibilities
Non-executive, with the duties as the Lead Independent Director, Chairman of Audit Committee, Member of Nominating Committee, Remuneration Committee as well as the Strategy and Investment Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interested in 400,000 ordinary shares of the Company
Past (for the last 5 years)
(i) Accounting and Corporate Regulatory Authority
(ii) KrisEnergy Ltd.
(iii) RF Brussels Pte. Limited
(iv) RF Capital (Credit) Pte. Limited
(v) RF Capital (Empirica) Pte. Limited
(vi) RF Capital (Services) Pte. Limited
(vii) RF Capital Pte. Limited
(viii) RF Corval Capital Partners Pte. Limited
(ix) RF Corval Europe Pte. Limited
(x) RF Corval Holdings Pte. Limited
(xi) RF Corval Logistics Pte. Limited
(xii) RF Corval MEA Pte. Limited
(xiii) RF Corval Pte. Limited
(xiv) RF Corval REFM Pte. Limited
(xv) RF ECP Pte. Limited
(xvi) RF Infrastructure Pte. Limited
(xvii) RF Renewables Pte. Limited
(xviii) Roberts Constructions Pte. Limited
(xix) Roberts Investments Holdings Pte. Limited
(xx) Roberts Investments Pte. Limited
(xxi) Sea Regional Holdings Pte. Limited
Present
(i) Halcyon Agri Corporation Limited
(ii) Ascendas Property Fund Trustee Pte. Ltd. (Trustee-manager of Ascendas India Trust)
(iii) Keppel REIT Management Limited (Manager of Keppel REIT)
(iv) Standard Chartered Bank (Singapore) Limited