Change - Announcement of Cessation::RESIGNATION OF CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
JASON MARINE GROUP LIMITED
Securities
JASON MARINE GROUP LIMITED - SG1Y80949072 - 5PF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Aug-2014 17:29:52
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF OPERATING OFFICER
Announcement Reference
SG140811OTHR3IMU
Submitted By (Co./ Ind. Name)
Foo Chew Tuck
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Tan Cher Ting, Director, Corporate Finance, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: (65) 6337 5115.

Additional Details

Name Of Person
Tan Peng Huat, James
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
10/09/2014
Detailed Reason (s) for cessation
Mr Tan Peng Huat, James has resigned from his position as Chief Operating Officer as he has decided to retire.

For the purpose of Rule 704(6)(b) of the Catalist Rules, Mr Tan Peng Huat, James has confirmed that he is not aware of any irregularities in the Company which would have a material impact on the Company, including financial reporting. Based on the foregoing, the Sponsor is satisfied that there are no other reasons for Mr Tan Peng Huat, James's resignation.
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
01/07/2010
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)
2
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.)
Chief Operating Officer
Role and responsibilities
Responsible for the improvement of the overall processes at all departments to ensure a seamless operation across the Group by improving efficiency, performance and coordination.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
None
Present
None