ANNOUNCEMENT OF CESSATION AS CHIEF OPERATING OFFICER
* Asterisks denote mandatory information
Name of Announcer *
SBI OFFSHORE LIMITED
Company Registration No.
199407121D
Announcement submitted on behalf of
SBI OFFSHORE LIMITED
Announcement is submitted with respect to *
SBI OFFSHORE LIMITED
Announcement is submitted by *
Giang Sovann
Designation *
Executive Director
Date & Time of Broadcast
12-Jan-2014 20:14:30
Announcement No.
00005
ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
Chan Kin Seng
Age *
63
Is Effective Date of Cessation known? *
Yes
12/01/2014
Detailed Reason(s) for cessation *
To pursue other career opportunities.
Based on its enquiries, the Company's sponsor, CNP Compliance Pte Ltd, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Chan Kin Seng as Chief Operating Officer 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? *
No
If yes, please elaborate *
NA
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
If yes, please elaborate *
NA
Any other relevant information to be provided to shareholders of the listed issuer? *
No
If yes, please elaborate *
NA
Date of Appointment to current position *
02/04/2013
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) *
Chief Operating Officer
Role and responsibilities *
Responsibile for overseeing the Company's operations and providing support for technical and/or commercial bids as well as project management.
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) *
2
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months *
3
Interest
* in the listed issuer and its subsidiaries *
None
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
None
OTHER DIRECTORSHIPS
Past (for the last 5 years) *
None
Present *
None
Footnotes
There were 3 cessations of appointments (taking into account this cessation) specified in Catalist Rule 704(6) over the past 12 months.
-----------------------------------------------------------------------------------------------
This announcement has been prepared by the Company and reviewed by the Companys sponsor, CNP Compliance Pte. Ltd. ("Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.
The Sponsor has not verified the contents of this announcement including the accuracy or completeness of any of the information disclosed or the correctness of any of the statements or opinions made or reports contained in this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Mr Thomas Lam at 36 Carpenter Street, Singapore 059915, telephone: (65) 6323 8383; email: tlam@cnplaw.com
Attachments
Total size = 0K
(2048K size limit recommended)