Change - Announcement of Cessation::Cessation of Independent Non-Executive Director
Issuer & Securities
VIKING OFFSHORE AND MARINE LIMITED
VIKING OFFSHORE & MARINE LTD - SGXE45420721 - 1Y1
VIKING OFFSHORE & MA W220701 - SGXN37575515 - KZHW
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Non-Executive Director
Submitted By (Co./ Ind. Name)
Ng Yeau Chong
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Phua Siok Gek, Cynthia as Independent Non-Executive Director.
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.
The announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.
Name Of Person
Phua Siok Gek, Cynthia ("Mr Phua")
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Phua tendered her resignation as a director of the Company with effect from 1 February 2022, to devote more time to her personal commitments.
Following Ms Phua's resignation, Ms Phua will also cease to be the Chairman of the Remuneration Committee ("RC") and a member of the Audit Committee ("AC") and the Nominating Committee ("NC") with effect from 1 February 2022.
After having interviewed Ms Phua and to the best of its knowledge, the Company's Sponsor, ZICO Capital Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Ms Phua as a director of the Company.
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.)
Independent Non-Executive Director, Chairman of the RC, as well as a member of the AC and the NC
Role and responsibilities
Assumed the role and responsibilities of an Independent Non-Executive Director of the Company, Chairman of the RC, as well as a member of the AC and the NC
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)
Deerland Education Centre
Deerland Language Centre
Deerland Pre-School (Sole Proprietorship)
CP Sixty Pte Ltd
Deerland Pre-school Pte Ltd
Clarity Singapore Limited
Viva Foundation for Children with Cancer (Charity)