Change - Announcement of Cessation::Cessation of Executive Director
Issuer & Securities
TECHNICS OIL & GAS LIMITED
TECHNICS OIL & GAS LIMITED - SG1N85910015 - 5CQ
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Executive Director
Submitted By (Co./ Ind. Name)
Tan Sri Nathan Elumalay
Description (Please provide a detailed description of the event in the box below)
Cessation of Tan Kia Teck, Thomas as Executive Director
Name Of Person
Tan Kia Teck, Thomas
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Thomas Tan steps down on his own accord so as to facilitate new change of Board.
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?
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.)
Role and responsibilities
Mr Thomas Tan is responsible for managing and developing existing business as well as identifying and securing new business opportunities of the Group.
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?
Mr Thomas Tan has direct and deemed interest of 160,000 and 70,000 ordinary shares respectively.
Past (for the last 5 years)