Change - Announcement of Cessation::Resignation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
MARCO POLO MARINE LTD.
Securities
MARCO POLO MARINE LTD. - SG1W14938268 - 5LY
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Mar-2018 18:46:46
Status
New
Announcement Sub Title
Resignation of Non-Executive Director
Announcement Reference
SG180301OTHRE5GV
Submitted By (Co./ Ind. Name)
Sean Lee Yun Feng
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director

Additional Details

Name Of Person
Madam Lai Qin Zhi
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
01/03/2018
Detailed Reason (s) for cessation
To pursue other career interest
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
13/09/2007
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)
4
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.)
Non-Executive Director
AC Member
RC Member
NC Member
Role and responsibilities
Not applicable
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Wife of Executive Chairman, Mr Lee Wan Tang
Mother of Chief Executive Officer, Mr Sean Lee Yun Feng
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
MARCO POLO SHIPPING CO PTE LTD
Present
NAUTICAL INTERNATIONAL HOLDINGS LTD (BVI)
PT. BINA RIAU JAYA
PT. PELAYARAN NASIONAL BINA BUANA RAYA TBK
VAST RESOURCES ASSETS LIMITED (BVI)
EUROSTONE (SINGAPORE) PTE. LTD.
NEW RESOURCES TECHNOLOGY PTE LTD
PT. SINAR BINTANG MAKMUR