Change - Announcement of Cessation::Resignation of Anthony Taylor as Executive Chairman and Chief Executive Officer

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
09-Dec-2022 17:20:19
Status
New
Announcement Sub Title
Resignation of Anthony Taylor as Executive Chairman and Chief Executive Officer
Announcement Reference
SG221209OTHRSZU3
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 Anthony Taylor as Executive Chairman and Chief Executive Officer

Additional Details

Name Of Person
Anthony Brian Taylor
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
09/12/2022
Detailed Reason (s) for cessation
After 16 years with the Company, Mr Anthony Taylor, Executive Chairman, decided to step down as a member of the Board and executive director.
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
26/10/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Role and responsibilities
Responsible on manages and oversees the Group's day-to-day operations and implementation of the Group's strategies, plans and policies to achieve the planned corporate performance and financial goals.
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
11,139,702 ordinary shares
Other Directorships
Past (for the last 5 years)
Global Invacom Group Limited and its subsidiaries
Present
-