Change - Announcement of Cessation::CESSATION OF ALTERNATE DIRECTOR

Issuer & Securities

Issuer/ Manager
FALCON ENERGY GROUP LIMITED
Securities
FALCON ENERGY GROUP LIMITED - SG1Q49922319 - 5FL
FALCON ENERGYS$50M4.5%N200919 - SG6SJ3000005 - 16NB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Oct-2019 19:49:07
Status
New
Announcement Sub Title
CESSATION OF ALTERNATE DIRECTOR
Announcement Reference
SG191014OTHRSJX2
Submitted By (Co./ Ind. Name)
Tan Pong Tyea
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
CESSATION OF ALTERNATE DIRECTOR

Additional Details

Name Of Person
Cai Wenting
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
14/10/2019
Detailed Reason (s) for cessation
Following the resignation of Mr Cai Wenxing as Executive Director of the Company, Ms Cai Wenting ceased to be Mr Cai Wenxing's alternate on 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
14/07/2006
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.)
Alternate Director
Role and responsibilities
Alternate Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes, sister of Cai Wenxing, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest: 23,716,216 ordinary shares in the capital of the Company.
Past (for the last 5 years)
Longzhu Resources Pte Ltd
Zhongxing Petroleum Construction Pte Ltd
Present
Kindly refer to the attached Annexure A.

Attachments

FEG_AnnexureA_CWT_Winnie_PresentDirectorship.pdf
Total size =6K