Change - Announcement of Cessation::Announcement of cessation of Chief Operating Officer - James Parkin

Issuer & Securities

Issuer/ Manager
KRISENERGY LTD.
Securities
KRISENERGY LTD. - KYG532261099 - SK3
KRISENERGY S$200M2%N230822 - SG77J3000002 - 66WB
KRISENERGYS$130M2%220609 - SG77J4000001 - 66XB
KRISENERGY S$139.464MZ240131 - SG31B6000003 - CDVZ
KRISENERGY LTD. W240131 - KYG532261255 - CDXW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Apr-2019 08:25:29
Status
New
Announcement Sub Title
Announcement of cessation of Chief Operating Officer - James Parkin
Announcement Reference
SG190411OTHR1MJ7
Submitted By (Co./ Ind. Name)
Sally Ting
Designation
General Counsel
Effective Date and Time of the event
03/10/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of cessation of Chief Operating Officer - James Parkin

Additional Details

Name Of Person
James Nigel Parkin
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
03/10/2019
Detailed Reason (s) for cessation
To 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
31/12/2018
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Chief Operating Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
(a) 1,365,477 ordinary shares in KrisEnergy Ltd; and
(b) Up to one-ninth of 2.5% of the issued ordinary shares in the capital of KrisEnergy Ltd. at the time when the conditions of the MS-Awards have been satisfied
Past (for the last 5 years)
Nil
Present
B Block Limited; KrisEnergy (Andaman II) Ltd; KrisEnergy (Apsara) Company Limited; KrisEnergy (Apsara) Holding Ltd;
KrisEnergy Apsara Ltd; KrisEnergy (Asia) Ltd; KrisEnergy (Bangladesh SS-11) Ltd; KrisEnergy (Cambodia) Holding Ltd; KrisEnergy (East Muriah) Ltd; KrisEnergy (Gulf of Thailand) Ltd; KrisEnergy Holding Company Ltd; KrisEnergy International (Thailand) Holdings Ltd; KrisEnergy Marine Pte Ltd; KrisEnergy Management Services Ltd; KrisEnergy (Phu Khanh 120) Ltd; KrisEnergy Pte Ltd; KrisEnergy (Satria) Ltd; KrisEnergy (Song Hong 105) Ltd; KrisEnergy Vietnam 115 Ltd; SJ Production Barge Ltd