Change - Announcement of Cessation::Resignation of Non-Executive and Non-Independent Director
Issuer & Securities
MERMAID MARITIME PUBLIC CO LTD
MERMAID MARITIME PUBLIC CO LTD - TH0955010002 - DU4
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Director
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Mr. Jitender Pal Verma has tendered his resignation as a Director of the Company. Accordingly, Mr. Verma has ceased to be a Non-Executive and Non-Independent Director. Following his resignation, Mr. Verma also relinquished his role as a member of the Executive Committee and the Remuneration Committee.
Name Of Person
Mr. Jitender Pal Verma
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue personal and other professional interests.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
If Yes, Please provide full details
The Company would like to record its appreciation to Mr. Verma who has been a Director of the Company since 28 October 2016. We thank him for his contributions and insights and wish him well.
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, and member of the Executive Committee and Remuneration Committee.
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Thoresen Thai Agencies Public Company Limited
Thoresen & Company (Bangkok) Limited
Thoresen Shipping (Thailand) Co., Ltd.
Mermaid Drilling Ltd.
Mermaid Subsea Services (Thailand) Ltd.
Mermaid Subsea Services LLC
Mermaid Subsea Services Saudi Arabia Co., Ltd.
Mermaid Subsea Services (International) Ltd.
Zamil Mermaid Offshore Services Company
PTGC Co., Ltd.
Seascape Surveys Pte. Ltd.
Mermaid Subsea Oil and Gas Services DMCEST
PM Thoresen Asia Holdings Public Company Limited
Baconco Co., Ltd.
Fearnleys (Thailand) Ltd.
Gulf Agency Company (Thailand) Ltd.
GAC Thoresen Logistics Company Limited
Chidlom Marine Services & Supplies Ltd.
Thoresen (Indochina) S.A.
Thoresen Shipping FZE
PH Capital Company Limited
Siam Taco Company Limited
Soleado Holdings Pte. Ltd.