Change - Announcement of Cessation::Announcement of Cessation as Acting Group General Manager
Issuer & Securities
CHARISMA ENERGY SERVICES LIMITED
CHARISMA ENERGY SERVICES LTD - SG2B54957198 - 5QT
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Cessation as Acting Group General Manager
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Description (Please provide a detailed description of the event in the box below)
Cessation as Acting Group General Manager.
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the SGX-ST Listing Manual Section B: Rules of Catalist.
This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms. Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and Email: email@example.com).
Name Of Person
Eng Chiaw Koon
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Eng will be appointed as Non-Executive Director of the Company. Accordingly, he will relinquish his Acting Group General Manager ("AGGM") position. His current responsibilities as AGGM will be assigned to the Management of the Company.
After having interviewed Mr Eng and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Eng as the AGGM of the Company.
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.)
Acting Group General Manager
Role and responsibilities
Responsible for overseeing the strategic planning, corporate management, business development and performance 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?
1,000,000 ordinary shares and 850,000 warrants in Charisma Energy Services Limited
Past (for the last 5 years)
1) Rotating Offshore Solutions Pte Ltd
2) Henosis Investments Pte Ltd
3) Teras Oranda Pte Ltd
4) Terasea Pte Ltd
Please refer to Appendix I attached.
Appendix I_List of Present Directorship.pdf
Total size =21K