Change - Announcement of Cessation::Retirement of Non-Executive Director

Issuer & Securities

Issuer/ Manager
NERA TELECOMMUNICATIONS LTD
Securities
NERATELECOMMUNICATIONS LTD - SG1I64883495 - N01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Apr-2018 17:46:03
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG180418OTHRABUM
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive Director

Additional Details

Name Of Person
Ashish Jaiprakash Shastry
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
18/04/2018
Detailed Reason (s) for cessation
Retiring and not seeking re-election.
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
28/01/2013
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.)
Non-Executive Director and a member of Nominating Committee
Role and responsibilities
Fulfilling his responsibilities as a Non-Executive Director and a member of Nominating Committee.
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
Holds deemed interest of 193,173,439 ordinary shares in Nera Telecommunications Ltd.
Past (for the last 5 years)
Nil
Present
1. Blowfish Ventures Limited
2. Gaja Ventures Limited
3. Solaia Ventures Limited
4. Planeta Ventures Limited
5. Carpineto Ventures Limited
6. Scavino Ventures Limited
7. KKR SP Limited
8. Goodpack IBC Singapore Pte Ltd
9. Goodpack Pte Ltd
10. KKR Singapore Pte Ltd
11. MMI Technologies Pte Ltd
12. Precision Capital Pte Ltd
13. Joulon Limited
14. Joulon Sea Acquisition Pte Ltd