Change - Announcement of Cessation::Resignation of Malcolm John Burrell as Executive Director

Issuer & Securities

Issuer/ Manager
GLOBAL INVACOM GROUP LIMITED
Securities
GLOBAL INVACOM GROUP LIMITED - SG2E91982768 - QS9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jul-2021 07:24:25
Status
New
Announcement Sub Title
Resignation of Malcolm John Burrell as Executive Director
Announcement Reference
SG210701OTHRDAB3
Submitted By (Co./ Ind. Name)
Yoo Loo Ping
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Malcolm John Burrell as Executive Director

Additional Details

Name Of Person
Malcolm John Burrell
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2021
Detailed Reason (s) for cessation
As part of Mr Burrell's retirement plan.
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
18/08/2010
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Prior to Mr Burrell's resignation as Director of the Company, Mr Burrell held the roles of Chief Risk Officer and Chief Technical Officer of the Group. Mr Burrell will remain in his role as the Chief Risk Officer of the Group after his resignation as Executive Director.
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
Mr Burrell holds 11,139,702 Ordinary Shares, and options over 650,000 Ordinary Shares in the Company.
Past (for the last 5 years)
NIL
Present
Global Invacom Limited
Global Invacom Holdings Limited
Global Skyware Limited