Change - Announcement of Cessation::Cessation of Chief Executive Officer of DFZ Capital Sdn Bhd, a subsidiary of the Company

Issuer & Securities

Issuer/ Manager
DUTY FREE INTERNATIONAL LIMITED
Securities
DUTY FREE INTERNATIONALLIMITED - SG2C70966271 - 5SO
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2020 17:19:58
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer of DFZ Capital Sdn Bhd, a subsidiary of the Company
Announcement Reference
SG200131OTHRUBM5
Submitted By (Co./ Ind. Name)
Lee Sze Siang
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer of DFZ Capital Sdn Bhd, a subsidiary of the Company. Please refer to the attached file for further details.

Additional Details

Name Of Person
Winnen, Andreas Curt
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2020
Detailed Reason (s) for cessation
The subject employee's existing service contract will be expiring on 31 July 2020 in accordance with the term of his employment.
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
01/09/2016
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer of DFZ Capital Sdn Bhd, a subsidiary of the Company
Role and responsibilities
Mr. Winnen was responsible for carrying out the strategies and policies as established by the board of directors of DFZ Capital Sdn Bhd and overseeing the operations and business development of the duty free business of DFZ Capital Sdn Bhd and its subsidiaries in Malaysia.
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)
Regal GH d.o.o.
Bleiweisova cesta 30
1000 Ljubljana

S.C Heinrig Impex SRL
Port Constanta, Sector Sud
Cladire Anexa Sociala
907015 Agigea, Judetul Constanta

SC Heinrig Impx SRL Filiala Bucuresti
Strada Sabinelor 104A, Sector 5,
050854 Bucuresti

Heinrig Slovakia s.r.o
Letisko Kosice
041 75 Kosice IV

Present
Nil

Attachments

Cessation of CEO of DFZ Capital.pdf
Total size =80K