Change - Announcement of Cessation::Cessation of Chief Executive Officer

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Sep-2021 10:56:44
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer
Announcement Reference
SG210901OTHRW565
Submitted By (Co./ Ind. Name)
Luke Furler
Designation
Joint Official Liquidator
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer

Additional Details

Name Of Person
Tang Chih Hao Kelvin
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
16/06/2021
Detailed Reason (s) for cessation
Mr Kelvin Tang has transitioned into a consultancy role. Mr Kelvin Tang remains as a director of KrisEnergy Ltd.
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
01/09/2017
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)
4
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 Executive Officer
Role and responsibilities
Chief Executive 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
1,392,185 shares in KrisEnergy Ltd
1 share in KrisEnergy (Oil & Gas) Ltd.
1 share in KrisEnergy Resources (Thailand) Ltd.
Past (for the last 5 years)
KrisEnergy (Apsara) Holding Ltd; KrisEnergy (Asia) Ltd; KrisEnergy (Cambodia) Holding Ltd; KrisEnergy International (Thailand) Holdings Ltd; KrisEnergy (Satria) Ltd; KrisEnergy (Vietnam 115) Ltd; Wassana G10 Limited; KrisEnergy (Gulf of Thailand) Ltd; Nong Yao G11 (Thailand) Ltd; KrisEnergy Bangladesh Ltd; KrisEnergy Asia Co peratief U.A.; KrisEnergy Asia Holdings B.V.; KrisEnergy (Apsara) Company Limited; KrisEnergy (Cambodia) Ltd; KrisEnergy Netherlands Holdings Pte Ltd; KrisEnergy G10 (Thailand) Ltd; KrisEnergy (Apsara) Ltd; B Block Limited; KrisEnergy (Andaman II) Ltd; KrisEnergy (Bangladesh SS-11) Ltd; KrisEnergy (East Muriah) Ltd; KrisEnergy Holding Company Ltd; KrisEnergy Management Ltd; KrisEnergy (Management Services) Ltd; KrisEnergy (Phu Khanh 120) Ltd; KrisEnergy (Song Hong 105) Ltd; SJ Production Barge Ltd; KrisEnergy (Ampuh) B.V.; KrisEnergy (Andaman II) B.V.; KrisEnergy (Andaman Timur) B.V.; KrisEnergy (Bala Balakang) B.V.; KrisEnergy (Block A Aceh) B.V.; KrisEnergy East Seruway B.V.; KrisEnergy Glagah Kambuna B.V.; KrisEnergy Kutai B.V.; KrisEnergy Kutei B.V.; KrisEnergy (Marine) B.V.; KrisEnergy (Nemo) B.V.; KrisEnergy (Sakti) B.V.; KrisEnergy (Udan Emas) B.V.; KrisEnergy (Marine) Pte Ltd; KrisEnergy (Oil & Gas) Ltd.; KrisEnergy Resources (Thailand) Ltd.; KrisEnergy Pte Ltd
(certain resignations pending replacement of sole director)
Present
KrisEnergy Ltd