Change - Announcement of Cessation::CESSATION AS CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Issuer & Securities
JASPER INVESTMENTS LIMITED
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION AS CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Description (Please provide a detailed description of the event in the box below)
Cessation of Appointment of Paul Carsten Pedersen as Chief Executive Officer and Executive Director of Jasper Investments Limited
Name Of Person
Paul Carsten Pedersen
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Expiry of term under the existing service contract.
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?
If Yes, Please provide full details
In the interim and in the absence of a Chief Executive Officer, the day-to-day running of Jasper Investments Limited will be handled by the Chief Operating Officer and the Chief Financial Officer under the guidance and strategic direction of the Chairman.
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.)
Chief Executive Officer and Executive Director
Role and responsibilities
As Chief Executive Officer, Mr Pedersen has been overseeing the day-to-day running of Jasper Investments Limited and its group of companies.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1. Rubicon Holdings Limited
2. Rubicon Offshore Holdings Limited
3. Rubicon Offshore International Private Limited
4. Rubicon Vantage Offshore Pte. Ltd.
5. Maritime Offshore Pte. Ltd., "Rubicon Maritime Private Limited", Thailand Branch
6. Offshore Strategic Assets Private Limited
7. Rubicon SP Holdings Limited
8. Sea Production Holdings Limited
9. Rubicon Employee Share Ownership (PTC) Limited
10. Rubicon Vantage International Pte. Ltd.
11. Maritime International Services Pte. Ltd.
12. Sea Production Ltd.
13. Puffin Ltd.
14. Wisdom Shipping (S) Pte. Ltd.
15. Sea Production Management Pte. Ltd.