Change - Announcement of Cessation::Announcement of Cessation

Issuer & Securities

Issuer/ Manager
FALCON ENERGY GROUP LIMITED
Securities
FALCON ENERGY GROUP LIMITED - SG1Q49922319 - 5FL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jul-2015 19:16:05
Status
New
Announcement Sub Title
Announcement of Cessation
Announcement Reference
SG150707OTHRAXZS
Submitted By (Co./ Ind. Name)
Peh Lei Eng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Operating Officer Of Marine & Liftboat Division

Additional Details

Name Of Person
JAMES WILLIAM NOE
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
07/07/2015
Detailed Reason (s) for cessation
Mr. James William Noe ("Mr. Noe") has been appointed as the CEO of CH OFFSHORE LTD. ("CHO"), the subsidiary of the Company. Following his abovementioned appointment in CHO, Mr. Noe is stepping down as Chief Operating Officer of Marine & Liftboat Division 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
09/03/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer of Marine & Liftboat Division
Role and responsibilities
Responsible for overseeing business and operations of Marine & Liftboat Division
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
DISCOVERY OFFSHORE S.A.
SHALLOW WATER ENERGY SECURITY COALITION
Present
CHUAN HUP AGENCIES (PTE.) LTD.
DELAWARE MARINE PTE LTD
GARO PTE. LTD.
OFFSHORE GOLD SHIPPING PTE. LTD.
PEMBROOKE MARINE PTE LTD
SEA GLORY PRIVATE LIMITED
VENTURE OFFSHORE PTE. LTD.