Change - Announcement of Cessation::Resignation of Mr Loo An Swee as Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GCCP RESOURCES LIMITED
Securities
GCCP RESOURCES LIMITED - KYG377411080 - 41T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Oct-2021 22:40:36
Status
New
Announcement Sub Title
Resignation of Mr Loo An Swee as Executive Director and Chief Executive Officer
Announcement Reference
SG211029OTHRBJAT
Submitted By (Co./ Ind. Name)
Chester Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Loo An Swee ("Mr Loo AS") as an Executive Director and Chief Executive Officer of the Company with effect from 1 November 2021.

This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined by the SGX-ST and the SGX-ST assumes 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 details of the contact person for the Sponsor are -

Name: Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address: 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906
Tel: (65) 6241 6626

Additional Details

Name Of Person
Loo An Swee
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
01/11/2021
Detailed Reason (s) for cessation
Health issues
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
02/12/2013
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)
3
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 Director and Chief Executive Officer
Role and responsibilities
He responsibles for the Group's overall management and strategy development, customer and supplier relationship management, and general operations. He also plays an instrumental role in the Group's expansion and sourcing for investment opportunities to promote business growth.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Loo Wooi Hong (son), existing Executive Director and will be appointed as CEO after this cessation.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Loo AS holds 1,648,000 shares (representing 0.135%) in the share capital of the Company.
Past (for the last 5 years)
Nil
Present
Nil