Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jul-2016 17:30:53
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG160712OTHRRQNY
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director

Additional Details

Name Of Person
Ng Chee Keong
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
26/07/2016
Detailed Reason (s) for cessation
To pursue personal priorities.
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
10/09/2012
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)
2
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, member of Nominating Committee and Remuneration Committee.
Role and responsibilities
Non-executive
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
1,000,000 ordinary shares
Past (for the last 5 years)
Frontline Technologies Corp Ltd;
PSA International Ltd;
Otto Marine Ltd; and
Mermaid Maritime Public Co., Ltd.
Present
Jurong Port Pte Ltd;
Samudera Shipping Line Ltd;
Mencast Holdings Ltd; and
Jasper Investments Limited