Change - Announcement of Cessation::Resignation of Director
Issuer & Securities
POLARIS LTD. - SG1L96897898 - 5BI
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Director
Submitted By (Co./ Ind. Name)
Carl Johan Pontus Sonnerstedt
Chairman, On behalf of the Board
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company s Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST ) Listing Manual Section B: Rules of Catalist. The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Yap Wai Ming:
Tel: 6389 3000
Name Of Person
Juliana Julianti Samudro
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Financial Officer
Role and responsibilities
Undertake duties and exercise such powers in relation to the Company and its business as the Chief Financial Officer, as the Board vests in her, and in accordance with all resolutions, regulations and directions.
Use her best effort, judgement and energy to improve and advance the business and interests of the Company in a manner consistent with the duties of her position.
In pursuance of her duties, perform such services for any Group Company and accept such officers in such Group Company as the Board may require.
At all times and in obeyance with lawful and reasonable directions, to promptly and fully inform the Board of her conduct of the business of the Company and any Group Company and provide such explanations as the Board may require.
Use all proper means in her power to improve, develop, extend, maintain, advise and promote the Company s business and to protect and further the reputation, interests and success of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Juliana Julianti Samudro has no family relationship with other directors or substantial shareholders of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Polaris Device Pte. Ltd.
Polaris Network Pte. Ltd.
Polaris Explorer Pte. Ltd.
Polaris KKC Holdings Pte. Ltd.
CM Polaris Pte. Ltd.