Change - Announcement of Cessation::CESSATION OF DIRECTOR

Issuer & Securities

Issuer/ Manager
COURTS ASIA LIMITED
Securities
COURTS ASIA LIMITED - SG2F22986069 - RE2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Mar-2019 17:09:58
Status
New
Announcement Sub Title
CESSATION OF DIRECTOR
Announcement Reference
SG190315OTHRZ7K6
Submitted By (Co./ Ind. Name)
Dr Terence Donald O'Connor
Designation
Executive Director cum Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Jack Hennessy (Mr Hennessy) as a Chairman of the Board and Non-Independent and Non-Executive Director

Additional Details

Name Of Person
Jack Hennessy
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
15/03/2019
Detailed Reason (s) for cessation
Mr Hennessy is a nominee of Singapore Retail Group Limited (SRG). SRG ceased to be a substantial shareholder.
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
12/03/2010
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board and Non-Independent and Non-Executive Director
Role and responsibilities
Role as the Chairman of the Board and Non-Independent and Non-Executive Director of the Company.
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?
No
Past (for the last 5 years)
COURTS (Singapore) Pte. Ltd.
COURTS (Malaysia) Sdn Bhd (Malaysia)
PT COURTS Retail Indonesia (Indonesia)
Present
Vistra Group Holdings (BVI) III Limited (BVI)
Bach Holdings Limited (Cayman Islands)
Camelot Holdings (Jersey) Limited (Jersey)
St George's University (Granada)
Prometric SuperHoldCo, Inc. (USA)