Change - Announcement of Cessation::Resignation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GEO ENERGY RESOURCES LIMITED
Securities
GEO ENERGY RESOURCES LIMITED - SG2F24986083 - RE4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2015 17:03:53
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer
Announcement Reference
SG151030OTHRNZJ1
Submitted By (Co./ Ind. Name)
Charles Antonny Melati
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Executive Officer

Additional Details

Name Of Person
Dhamma Surya
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2015
Detailed Reason (s) for cessation
Mr Dhamma Surya relinquishes his position as Chief Executive Officer of the Company but will remain as an Executive Director of the Company, to assist on areas of strategic planning and business development.
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
27/09/2012
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
Role and responsibilities
Responsible for the overall business and general management of the Group
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
Direct interest in 101,810,704 shares in the Company and deemed interest in 453,326,287 shares in the Company, which is held by Master Resources International Limited.
Past (for the last 5 years)
Nil
Present
Geo Energy Resources Limited
Bounty Success Ventures Ltd
Master Resources International Limited