Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
HALCYON AGRI CORPORATION LIMITED
Securities
HALCYONAGRI US$200M3.8%PERPSEC - XS2257850409 - HJPB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2022 12:13:29
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG220427OTHRDC6Y
Submitted By (Co./ Ind. Name)
Liew Guat Yi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Alan Rupert Nisbet ("Mr Nisbet") has decided not to seek re-election as a Director of the Company. He has retired from office by rotation at the conclusion of the Company's annual general meeting held on 27 April 2022 ("2022 AGM"), pursuant to Regulation 91 of the Constitution of the Company.

Upon his retirement as a Director of the Company, Mr Nisbet ceases to be the Lead Independent Director, Chairman of the Audit Committee, and a member of the Nominating Committee, Remuneration Committee as well as the Strategy and Investment Committee.

Additional Details

Name Of Person
ALAN RUPERT NISBET
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2022
Detailed Reason (s) for cessation
Mr Nisbet sat on the Company's Board of Directors (the "Board") as an Independent Director for a continuous period of more than nine (9) years and was re-appointed as an Independent Director at the AGM held in 2021 through the two-tiers voting process. He has decided to retire at the conclusion of the 2022 AGM to support progressive renewal of the Board.
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
07/01/2013
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director; Chairman of Audit Committee; Member of Nominating, Remuneration as well as the Strategy and
Investment Committees
Role and responsibilities
Non-executive, with the duties as the Lead Independent Director, Chairman of Audit Committee, Member of Nominating Committee, Remuneration Committee as well as the Strategy and Investment 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
Deemed interested in 400,000 ordinary shares of the Company
Past (for the last 5 years)
(i) Accounting and Corporate Regulatory Authority
(ii) KrisEnergy Ltd.
(iii) RF Brussels Pte. Limited
(iv) RF Capital (Credit) Pte. Limited
(v) RF Capital (Empirica) Pte. Limited
(vi) RF Capital (Services) Pte. Limited
(vii) RF Capital Pte. Limited
(viii) RF Corval Capital Partners Pte. Limited
(ix) RF Corval Europe Pte. Limited
(x) RF Corval Holdings Pte. Limited
(xi) RF Corval Logistics Pte. Limited
(xii) RF Corval MEA Pte. Limited
(xiii) RF Corval Pte. Limited
(xiv) RF Corval REFM Pte. Limited
(xv) RF ECP Pte. Limited
(xvi) RF Infrastructure Pte. Limited
(xvii) RF Renewables Pte. Limited
(xviii) Roberts Constructions Pte. Limited
(xix) Roberts Investments Holdings Pte. Limited
(xx) Roberts Investments Pte. Limited
(i) Halcyon Agri Corporation Limited
(ii) Ascendas Property Fund Trustee Pte. Ltd.
(Trustee-manager of Ascendas India Trust)
(iii) Keppel REIT Management Limited (Manager of Keppel REIT)
(iv) Standard Chartered Bank (Singapore) Limited
(xxi) Sea Regional Holdings Pte. Limited
Present
(i) Halcyon Agri Corporation Limited
(ii) Ascendas Property Fund Trustee Pte. Ltd. (Trustee-manager of Ascendas India Trust)
(iii) Keppel REIT Management Limited (Manager of Keppel REIT)
(iv) Standard Chartered Bank (Singapore) Limited