Change - Announcement of Cessation::RETIREMENT OF INDEPENDENT DIRECTOR WHO IS CHAIRMAN OF THE AUDIT AND RISK MANAGEMENT COMMITTEE

Issuer & Securities

Issuer/ Manager
KS ENERGY LIMITED
Securities
KS ENERGY LIMITED - SG1G91873040 - 578
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2017 17:26:20
Status
New
Announcement Sub Title
RETIREMENT OF INDEPENDENT DIRECTOR WHO IS CHAIRMAN OF THE AUDIT AND RISK MANAGEMENT COMMITTEE
Announcement Reference
SG170427OTHRCA3J
Submitted By (Co./ Ind. Name)
Lai Kuan Loong Victor
Designation
Company Secretary
Effective Date and Time of the event
27/04/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF INDEPENDENT DIRECTOR WHO IS CHAIRMAN OF THE AUDIT AND RISK MANAGEMENT COMMITTEE.

Additional Details

Name Of Person
Lim Ho Seng
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2017
Detailed Reason (s) for cessation
Retirement of Mr Lim Ho Seng as a Director of the Company at the conclusion of the Annual General Meeting held on 27 April 2017.
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
01/09/2005
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.)
Lead ID, Audit and Risk Management Committee ( "ARMC ") Chairman and members of the Nominating Committee ( "NC" ) and Remuneration Committee ("RC" ).
Role and responsibilities
Board Member, Chairman of ARMC and member of NC and RC.
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)
1. Kian Ann Eengineering Ltd - Singapore.
Present
1. Baker Technology Limited - Singapore
2. Bollywood Veggies Pte Ltd - Singapore
3. R E & S Enterprises Pte Ltd - Singapore