Change - Announcement of Cessation::Resignation of Chief Executive Officer of Mechatronics Division (Non- Board Member)

Issuer & Securities

Issuer/ Manager
FRENCKEN GROUP LIMITED
Securities
FRENCKEN GROUP LIMITED - SG1R43925234 - E28
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jun-2015 17:47:01
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer of Mechatronics Division (Non- Board Member)
Announcement Reference
SG150609OTHRP8W8
Submitted By (Co./ Ind. Name)
Sim Mong Huat
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Mr Sebastiaan Johannes (Jack) van Sprang has resigned as Chief Executive Officer ("CEO") of Mechatronics Division (Non-Board Member) on his own accord for personal reasons. The President of Frencken Group Limited, Mr Dennis Au, will assume the role of CEO of Mechatronics Division and lead the operations.

Additional Details

Name Of Person
Sebastiaan Johannes (Jack) van Sprang
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
04/06/2015
Detailed Reason (s) for cessation
Mr van Sprang tendered his resignation on his own accord for personal reasons.
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
26/01/2015
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer of Mechatronics Division (Non-Board Member)
Role and responsibilities
Responsible for the strategic direction, business development and expansion plans of the Mechatronics' operations in Europe, Asia and the USA.
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?
No
Past (for the last 5 years)
Nil
Present
Member of Supervisory Board of Hemics and Wilting