Change - Announcement of Cessation::Resignation of Cosimo Borrelli as Independent Director

Issuer & Securities

Issuer/ Manager
GLOBAL INVACOM GROUP LIMITED
Securities
GLOBAL INVACOM GROUP LIMITED - SG2E91982768 - QS9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2023 17:25:42
Status
New
Announcement Sub Title
Resignation of Cosimo Borrelli as Independent Director
Announcement Reference
SG231130OTHR5MAK
Submitted By (Co./ Ind. Name)
Yoo Loo Ping
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Cosimo Borrelli as Independent Director.

Additional Details

Name Of Person
Cosimo Borrelli
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2023
Detailed Reason (s) for cessation
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
04/12/2009
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)
1
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, Nominating Committee Chairman, Audit & Risk Committee and Remuneration Committee Member.
Role and responsibilities
As above.
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?
Yes
Shareholding Details
497,900 shares (Mr Cosimo Borrelli is deemed interested in 497,900 shares held by Joe Harper Limited, by virtue of Section 7 of the Companies Act 1967 of Singapore).
Past (for the last 5 years)
Please see attached.
Present
Please see attached.

Attachments

Cos-List of Current and Previous Directorships.pdf
Total size =1480K