Change - Announcement of Cessation::Resignation of Non-Executive Director - Drew Ethan Madacsi

Issuer & Securities

Issuer/ Manager
MMP RESOURCES LIMITED
Securities
MMP RESOURCES LIMITED - SG1W93940508 - F3V
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jan-2021 16:39:56
Status
New
Announcement Sub Title
Resignation of Non-Executive Director - Drew Ethan Madacsi
Announcement Reference
SG210128OTHRBJFT
Submitted By (Co./ Ind. Name)
Chong Chee Meng Gerard
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Resignation of non-executive director, who is also the chairman of the board of directors

Additional Details

Name Of Person
Drew Ethan Madacsi
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
28/01/2021
Detailed Reason (s) for cessation
Other work commitment
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
09/02/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive chairman
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
100,000,000 ordinary shares
Past (for the last 5 years)
Epicentre Holdings Limited
African Coal Resources Ltd
Lighthouse Strategic Group Limited
Magnum Energy Pte. Ltd.
Present
MMP Resources Japan K.K.