Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
PSL HOLDINGS LIMITED
Securities
PSL HOLDINGS LTD - SG1CC8000000 - BLL
PSL HOLDINGS W170422 - SG44Q2000008 - BLMW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Nov-2016 19:36:20
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR
Announcement Reference
SG161121OTHRU6AO
Submitted By (Co./ Ind. Name)
SUCIPTO
Designation
NON-EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR

Additional Details

Name Of Person
SURIAMARTARA TJAHAJA
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2017
Detailed Reason (s) for cessation
To pursue personal interest and business.
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
21/06/2016
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
EXECUTIVE DIRECTOR
Role and responsibilities
Executive position responsible for strategic planning, corporate management, operations and business development of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
PT Resource One Nusantara
PSL Energy Resources Pte Ltd
Resource Hardware & Trading Pte Ltd
PSL Maritime Strategic Pte Ltd
TSL Transport & Engineering Pte Ltd
Present
PT Resource One Nusantara
PT Jaya Sukses Investasi
PT Seleras Sukses Selalu
PT PSL Commodities Indonesia