Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
TECHNICS OIL & GAS LIMITED
Securities
TECHNICS OIL & GAS LIMITED - SG1N85910015 - 5CQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Jun-2016 18:50:31
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG160622OTHR4KWL
Submitted By (Co./ Ind. Name)
Leow Quek Shiong
Designation
Interim Judicial Manager
Description (Please provide a detailed description of the event in the box below)
Cessation of Lee Kim Huat as Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee.

Additional Details

Name Of Person
Lee Kim Huat
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
21/06/2016
Detailed Reason (s) for cessation
Mr Lee Kim Huat stepped down due to the appointment of Interim Judicial Managers in the Company.
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
01/04/2016
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
16
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee
Role and responsibilities
Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and 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?
No
Past (for the last 5 years)
Singapore Piling & Civil Engineering Pte
Ltd
Singa Development Pte Ltd
BBR Construction Systems Pte Ltd
TKP Development Pte Ltd
BBR Investments Pte Ltd
Singa Construction (S) Pte Ltd
SD Metals Pte Ltd
S Comm Technology Pte Ltd
Siam-BBR Co., Ltd. Incorporated in
Thailand
BBR Construction Systems (M) Sdn
Bhd
BBR Tagore Pte Ltd
SP Holland Hills Pte Ltd
SP Development Pte Ltd
Singapore Piling & Civil Engineering
Lanka Pvt Ltd-Incorporated In Sri Lanka
Daejeon Riverside Expressway Co.,
Ltd- Incorporated in Korea.
Tennessee Pte Ltd
SP Property Pte Ltd
SP-John Keells Land Pte Ltd
Present
Figtree Holdings Limited