Change - Announcement of Cessation::Announcement of Cessation
Issuer & Securities
CH OFFSHORE LTD.
CH OFFSHORE LTD - SG1N22909146 - C13
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Cessation
Submitted By (Co./ Ind. Name)
Valerie Tan May Wei
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Goh Boon Kiat as Non-Executive, Independent Director, Remuneration Committee Chairman, Audit Committee Member and Nominating Committee Member
Name Of Person
Goh Boon Kiat
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Goh's cessation as Non-Executive, Independent Director, the Chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nominating Committee is pursuant to the re-structuring of the Board and Board Committees of CH Offshore Ltd., following the close of the voluntary unconditional cash offer by CIMB Bank Berhad, Singapore Branch, for and on behalf of Energian Pte Ltd (the "Offeror"), which is a wholly-owned subsidiary of Falcon Energy Group Limited, to acquire all the issued ordinary shares in the capital of CH Offshore Ltd. other than those already owned, controlled or agreed to be acquired by the Offeror.
The Board wishes to express its appreciation to Mr Goh for his dedication, invaluable contributions and insightful advice during his tenure.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive, Independent Director
Role and responsibilities
Non-Executive, Independent Director, Remuneration Committee Chairman, Audit Committee Member and Nominating Committee Member.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
The 5H Consultancy Pte. Ltd.