Change - Announcement of Cessation::Resignation of Managing Director

Issuer & Securities

Issuer/ Manager
COGENT HOLDINGS LIMITED
Securities
COGENT HOLDINGS LIMITED - SG1Z45953804 - KJ9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jan-2018 17:12:23
Status
New
Announcement Sub Title
Resignation of Managing Director
Announcement Reference
SG180124OTHRJNX8
Submitted By (Co./ Ind. Name)
Tan Min Cheow, Benson
Designation
Executive Director & CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Managing Director

Additional Details

Name Of Person
Tan Yeow Lam
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
24/01/2018
Detailed Reason (s) for cessation
Voluntary conditional cash offer by Bank of China Limited, Singapore Branch for and on behalf of Cosco Shipping International (Singapore) Co., Ltd to acquire all the shares
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
18/06/2007
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing Director
Role and responsibilities
As the Managing Director of the Group, Mr Tan Yeow Lam oversees the business operations of the Group and is jointly involved in the decision making process of key business plans of the Group with Mr Tan Yeow Khoon.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Tan Yeow Lam is the uncle of Mr Tan Min Cheow, Benson, the Executive Director and Chief Executive Officer of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
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