Change - Announcement of Cessation::Cessation of Chief Commercial Officer

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Aug-2023 07:40:46
Status
New
Announcement Sub Title
Cessation of Chief Commercial Officer
Announcement Reference
SG230801OTHROA8Q
Submitted By (Co./ Ind. Name)
Dan Brostrom
Designation
Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Commercial Officer

Additional Details

Name Of Person
Kristofer Skantze
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
01/08/2023
Detailed Reason (s) for cessation
As part of the Company's renewal of its Board and Management, Mr Kristofer Skantze will step down as Chief Commercial Officer of Rex International Holding Limited and will focus on his role as Chief Executive Officer of the Company's associated company, Xer Technologies Pte. Ltd.
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
08/10/2015
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.)
Chief Commercial Officer
Role and responsibilities
Mr Kristofer Skantze was responsible for the management of business development of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Kristofer Skantze holds 2,749,504 ordinary shares of the Company.
Other Directorships
Past (for the last 5 years)
Directorships
- Rex Norway Ltd.
- Rex Caribbean Holding Ltd.
- Rex Oman Ltd.

Other Principal Commitments
Nil
Present
Directorships
- HiRex Petroleum Sdn Bhd
- Resonance Capital Ltd
- XER Technologies AG

Other Principal Commitments
- Xer Technologies Pte. Ltd.