Change - Announcement of Cessation::Cessation of Chief Executive Officer of City Gas Pte Ltd ("City Gas")
Issuer & Securities
KEPPEL INFRASTRUCTURE FUND MANAGEMENT PTE LTD
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Chief Executive Officer of City Gas Pte Ltd ("City Gas")
Submitted By (Co./ Ind. Name)
Marc Tan / Esther Chua
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer of City Gas.
Name Of Person
Tan Chuan Huat
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other interests.
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?
If Yes, Please provide full details
As part of a planned leadership transition, Mr Perry Ong Kong Khoo will be appointed as CEO-Designate of City Gas, effective 1 September 2020. To ensure a smooth leadership transition, Mr Perry Ong will take over as CEO of City Gas on 1 October 2020 from Mr Tan.
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.)
Chief Executive Officer of City Gas
Role and responsibilities
Mr Tan was responsible for the management and operations of City Gas.
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?
270,460 units in KIT
Past (for the last 5 years)
City-OG Gas Energy Services Pte Ltd