Change - Announcement of Cessation::CESSATION OF GENERAL MANAGER

Issuer & Securities

Issuer/ Manager
METIS ENERGY LIMITED
Securities
METIS ENERGY LIMITED - SG1I14879601 - L02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Nov-2023 07:32:30
Status
New
Announcement Sub Title
CESSATION OF GENERAL MANAGER
Announcement Reference
SG231106OTHR0BKN
Submitted By (Co./ Ind. Name)
MADELYN KWANG
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CESSATION OF GENERAL MANAGER

Additional Details

Name Of Person
Yau Wai Hoo
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
02/02/2024
Detailed Reason (s) for cessation
Yau Wai Hoo has voluntarily resigned from his roles following completion of his Sign On Bonus and Employment Retention periods which ended on 31 October 2023 as part of the terms of his employment contract.
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
28/10/2021
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
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager, Metis Energy Limited
Chief Executive Officer, Athena Energy Holdings Pte. Ltd.
Role and responsibilities
Oversees the development and implementation of Group's business plans, operational requirements, organizational structure staffing and budgets.
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
10,921,410 shares (direct interest) and 3,549,362 shares (deemed interest) in Metis Energy Limited
Other Directorships
Past (for the last 5 years)
NIL
Present
Athena Energy Holdings Pte. Ltd.
Can Sports Green Energy Co. Ltd
Chesterfield Vietnam Co. Ltd
DLM Marine Pte Ltd
Image MK Pte Ltd
Kaltim Alpha Shipping Pte Ltd
Lian Beng Energy Pte. Ltd.
Leedon Internation Vietnam Co. Ltd
Metis Australia Investment Pte. Ltd.
Metis Philippines Kembangan Solar Pte. Ltd.
Metis PV Pte. Ltd.
Metis RE Pte. Ltd.
Metis RE (Philippines) Pte Ltd
Metis Solar (Indonesia) Pte. Ltd
Metis Solar (Vietnam) Pte. Ltd.
Metis Solar Vietnam Co. Ltd
Metis Solar Pte. Ltd.
MR Logistics Pte Ltd
Persillence Inc Pte Ltd
Phu Luc Green Energy Co. Ltd
PT Metis Solar Energi
PT Power Kariangau Kalimantan
Progressive Renewable Development Gunsynd Pty Ltd
Sandnergy Pte Ltd
SLM Holding Pte Ltd
Vietrof PV Pte. Ltd.
Vietrof PV Vietnam Co Ltd
Vietrof Renewable Energy Vietnam Co Ltd
Vietrof RE Pte. Ltd.
Vietrof Solar Pte. Ltd.
Vietrof Solar Vietnam Co. Ltd