Change - Announcement of Cessation::Cessation as Non-Executive Director and Chairman

Issuer & Securities

Issuer/ Manager
OLAM INTERNATIONAL LIMITED
Securities
OLAM INTERNATIONAL LIMITED - SG1Q75923504 - O32
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2015 17:52:01
Status
New
Announcement Sub Title
Cessation as Non-Executive Director and Chairman
Announcement Reference
SG151030OTHRMH3D
Submitted By (Co./ Ind. Name)
Shekhar Anantharaman
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Rangareddy Jayachandran as Non-Executive Director and Chairman

Additional Details

Name Of Person
Rangareddy Jayachandran
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2015
Detailed Reason (s) for cessation
The cessation is part of the succession planning process and Board renewal plan that was initiated in 2012.
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
04/07/1995
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and Chairman

Role and responsibilities
Non-executive Chairman
Member, Capital & Investment Committee
Member, Governance & Nomination Committee
Member, Human Resource & Compensation Committee
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
Please refer to the attached
Past (for the last 5 years)
Please refer to the attached
Present
Please refer to the attached

Attachments

SGX - Interest in Shares and Debentures - Jaya.pdf
SGX - Directorships - Jaya.pdf
Total size =35K