Change - Announcement of Cessation::Resignation of Head of Bulking and Logistics

Issuer & Securities

Issuer/ Manager
KENCANA AGRI LIMITED
Securities
KENCANA AGRI LIMITED - SG1CE4000000 - BNE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Mar-2019 18:07:16
Status
New
Announcement Sub Title
Resignation of Head of Bulking and Logistics
Announcement Reference
SG190301OTHRD9HG
Submitted By (Co./ Ind. Name)
Mr Phillip Lim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors wishes to announce the resignation of Mr Ajis Chandra as the Head of Bulking and Logistics due to the re-designation of his role and responsibilities in the Group.

Additional Details

Name Of Person
Ajis Chandra
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
01/03/2019
Detailed Reason (s) for cessation
Re-designation of roles and responsibilities in the Group.
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
13/09/2002
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Head of Bulking and Logistics
Role and responsibilities
Mr Ajis Chandra is in charge of managing the bulking and logistics services of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother-in-law of Henry Maknawi (Executive Chairman)
Husband of Ratna Maknawi (Executive Vice-Chairman)
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
LDC Kencana Trading Pte. Ltd.
Present
Kencana Logistics Pte. Ltd.