Change - Announcement of Cessation::Resignation as CEO and Group President

Issuer & Securities

Issuer/ Manager
SWIBER HOLDINGS LIMITED
Securities
SWIBER HOLDINGS LIMITED - SG1BI1000006 - BGK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2022 22:55:10
Status
New
Announcement Sub Title
Resignation as CEO and Group President
Announcement Reference
SG220531OTHRD65L
Submitted By (Co./ Ind. Name)
Bob Yap Cheng Ghee, c/o KPMG Services Pte. Ltd. / Raymond Kim Goh
Designation
Judicial Managers / Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation as CEO and Group President

Additional Details

Name Of Person
John Francis Swinden
Age
77
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2022
Detailed Reason (s) for cessation
Mr. Swinden has served his resignation as CEO and Group President of the Company and his last day of service with the Company will be on 30 November 2022. He will remain as a Director of 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
02/09/2016
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)
1
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.)
Executive Director, Chief Executive Officer and Group President
Role and responsibilities
Mr Swinden led the management in setting strategies, objectives and mission for the day to day operations 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?
No
Past (for the last 5 years)
1. Aster Marine Pte. Ltd. (In Creditors' Voluntary Liquidation)
2. Swiber Assets Pte. Ltd. (Struck Off)
3. Swiber Corporate Pte. Ltd. (In Creditors' Voluntary Liquidation)
4. Swiber Offshore Construction Pte. Ltd. (Judicial Managers Appointed)
5. Swiber UK Limited (Struck Off)
6. Deltatek Offshore Ltd.
7. Deltatek Offshore Limited
8. PT Rajawali Swiber Cakrawala
Present
1. Equatoriale International Pte. Ltd.
2. Quetzal Offshore Pte. Ltd.
3. Rawabi Swiber Offshore Marine Pte. Ltd.
4. Resolute Offshore Pte. Ltd.
5. Swiber Capital Pte. Ltd.
6. Swiber Marine Pte. Ltd.
7. Whitmer Offshore Pte. Ltd.