Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
EMAS OFFSHORE LIMITED
Securities
EMAS OFFSHORE LIMITED - SG1AD2000008 - UQ4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2017 23:35:41
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG170228OTHRXKS5
Submitted By (Co./ Ind. Name)
Shannon Ong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr. Dale Bruce Alberda steps down from the position of an Independent Director of the Company due to his appointment as an Executive Officer of the Group.

Additional Details

Name Of Person
Dale Bruce Alberda
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2017
Detailed Reason (s) for cessation
Mr. Dale Bruce Alberda steps down from the position of an Independent Director of the Company due to his appointment as an Executive Officer of the Group.
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
01/11/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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.)
Independent Director, Chairman of Nominating Committe, and a Member of Audit and Remuneration Committees.
Role and responsibilities
Non-Executive
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) EMAS Offshore Limited
2) Triyards Properties LLC
3) Triyards LLC
4) EMAS CHIYODA Subsea Marine Base LLC
Present
1) Gallatine Marine Management LLC