Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
TECHNICS OIL & GAS LIMITED
Securities
TECHNICS OIL & GAS LIMITED - SG1N85910015 - 5CQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Mar-2016 17:15:34
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG160316OTHRYA93
Submitted By (Co./ Ind. Name)
Tay Mian Cheo
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Dr Liew Jat Yuen Richard as Independent Director, Chairman of Remuneration Committee and Member of the Nominating Committee and the Audit Committee.

Additional Details

Name Of Person
Liew Jat Yuen Richard
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
05/03/2016
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?
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
10/08/2007
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee and Member of the Nominating Committee and the Audit
Committee.
Role and responsibilities
Role & responsibility of an Independent Director, Chairman of Remuneration Committee and Member of the Nominating Committee and the Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Norr Offshore Group Limited
Present
Yongnam Holdings Limited