General Announcement::Non-Executive Independent Directors

Issuer & Securities

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Apr-2017 07:24:02
Status
New
Announcement Sub Title
Non-Executive Independent Directors
Announcement Reference
SG170404OTHR68NE
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Director, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Golden Agri-Resources Ltd ("GAR" or the "Company") wishes to announce the following changes to the Board and Board Committees:-

(1) The retirement of Mr Jacques Desire Laval Elliah, Non-Executive Independent Director, at the conclusion of the forthcoming annual meeting of the Company convened on 25 April 2017 ("2017 AM"), as Mr Elliah is not seeking re-election as a Director at the 2017 AM.

(2) The retirement of Mr Hong Pian Tee, Non-Executive Independent Director, at the conclusion of the 2017 AM, as Mr Hong is not seeking re-appointment as a Director at the 2017 AM. Accordingly, he shall also cease to hold all appointments presently held by him in all Board Committees at the conclusion of the 2017 AM.

The Board accepts the above decisions of Mr Hong, who has served for over 15 years, and Mr Elliah, who has served for over 6 years, as Directors of the Company, and wishes to thank each of them for their dedicated service to the Company. The Company is currently processing the appointment of new Directors.

Details on the above retirement of Directors as required under Rule 704(7) of the SGX-ST Listing Manual are set out in separate announcements released today.

By Order of the Board
GOLDEN AGRI-RESOURCES LTD


Rafael Buhay Concepcion, Jr.
Director
4 April 2017