Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
FRENCKEN GROUP LIMITED
Securities
FRENCKEN GROUP LIMITED - SG1R43925234 - E28
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2021 12:20:14
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG211231OTHRGT2R
Submitted By (Co./ Ind. Name)
Dennis Au
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director

Additional Details

Name Of Person
Ling Yong Wah
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Resignation
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
12/05/2005
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.)
Lead Independent Director, Chairman of the Audit Committee, Member of the Nominating Committee
Role and responsibilities
Lead Independent Director, Chairman of the Audit Committee, Member of the 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
55,000 ordinary shares
Past (for the last 5 years)
Deepsea Venture (L) Inc.
MDSV 1 (L) Inc.
Offshore Engineering Resources Pte. Ltd.
OLV Offshore Services (M) Sdn Bhd
Present
MN Investments Holding (Pte.) Ltd.
Vallianz Holdings Limited
Samson Marine Pte. Ltd.
Vallianz Marine Pte. Ltd.
Resolute Pte. Ltd.
Vallianz Offshore Marine Pte. Ltd.
Vallianz Corporate Services Pte. Ltd.
Vallianz Shipbuilding & Engineering Pte. Ltd.
Vallianz Capital Ltd.
Vallianz Engineering Limited
Vallianz International Pte. Ltd.
Vallianz Offshore Capital Mexico, S.A. DE CV SOFOM, E.N.R.
Jetlee Shipbuilding & Engineering Pte. Ltd.
OER Holdings Pte. Ltd.
OER Services Pte. Ltd.
OER Offshore Pte. Ltd.
Jubilee Travel Pte Ltd
RI Capital Holdings Pte Ltd
Hamilton Offshore Services Pte. Ltd.
PTSB Holdings Pte. Ltd.
New Cruz International Pte. Ltd.
New Cruz Shipbuilding & Engineering Pte. Ltd.