Change - Announcement of Cessation::Cessation of Alternate Director

Issuer & Securities

Issuer/ Manager
RIVERSTONE HOLDINGS LIMITED
Securities
RIVERSTONE HOLDINGS LIMITED - SG1U22933048 - AP4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Aug-2020 17:51:43
Status
New
Announcement Sub Title
Cessation of Alternate Director
Announcement Reference
SG200811OTHRZXK9
Submitted By (Co./ Ind. Name)
Wong Teek Son
Designation
Executive Chairman & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Wong Teck Choon as Alternate Director to Mr Wong Teek Son.

Additional Details

Name Of Person
Wong Teck Choon
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
11/08/2020
Detailed Reason (s) for cessation
The cessation is in line with the appointment of alternate director for limited periods in exceptional cases. Mr Wong Teck Choon ceased as Alternate Director so he can continue to focus on business development opportunities of the Group as Group Business Development Manager of the Company.
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
22/04/2019
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Alternate Director to Mr Wong Teek Son and Group Business Development Manager
Role and responsibilities
Fulfilling the responsibility as alternate director and responsible for the production of cleanroom finger cots and exploring business development opportunities for the Group for other cleanroom consumables as Group Business Development Manager.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Wong Teck Choon is the brother of Mr Wong Teek Son, who is the Executive Chairman, Chief Executive Officer and substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Wong Teck Choon holds 23,663,960 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
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