Change - Announcement of Cessation::Resignation of Non-Executive Non-Independent Director and Deputy Chairman

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Securities
CSE GLOBAL LTD - SG1G47869290 - 544
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Jul-2020 18:41:06
Status
New
Announcement Sub Title
Resignation of Non-Executive Non-Independent Director and Deputy Chairman
Announcement Reference
SG200722OTHRGV6B
Submitted By (Co./ Ind. Name)
Tan Lay Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Non-Independent Director and Deputy Chairman - Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah

Additional Details

Name Of Person
Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
22/07/2020
Detailed Reason (s) for cessation
Following the cessation of Serba Dinamik Holdings Berhad ("Serba") as the controlling shareholder of the Company on 6 July 2020, Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah ("Dato' Karim"), being nominated by Serba to act as Director of the Company, gave notice of his resignation as Non-Executive Non-Independent Director and Deputy Chairman of the Company.

Consequent thereto, Dato' Karim also ceased to be a member of Nominating and Compensation Committees.
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
02/05/2018
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)
7
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.)
- Non-Executive Non-Independent Director and Deputy Chairman
- Member of Nominating and Compensation Committees
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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Please refer to Appendix I

Attachments

Appendix_I.pdf
CSE_Ann_-_Appointment_and_Resignation_of_Directors.pdf
Total size =178K