Change - Announcement of Cessation::Cessation As Executive Director

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-May-2015 07:23:28
Announcement Sub Title
Cessation As Executive Director
Announcement Reference
Submitted By (Co./ Ind. Name)
Rafael B. Concepcion, Jr.
Executive Director and Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
The Board would like to record its appreciation to Mr. Simon Lim for his dedicated service and unwavering commitment in guiding the Group during his 13 years as a member of the Board and wishes him the best in his future endeavours.

Additional Details

Name Of Person
Simon Lim
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr. Simon Lim has decided to resign as Deputy President and Executive Director of the Company on his own accord for personal reasons, and desires to seek retirement from full time work.
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?
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.)
Deputy President and Executive Director
Role and responsibilities
Responsible for all financial matters of the Company which includes financial reporting, strategic financial planning, treasury and internal controls, reporting to the Chairman of the Board of Directors.
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)
AFP China Ltd
AFP Land Limited
Blue Sky Golden Fulcrum Ltd
Blue Sky Golden FPS Ltd
GAR Finance B.V. (Dissolved)
Integrated Investments Ltd
Premier Foods International Ltd (Merged)
Sinarmas Land Limited (formerly known as AFP Properties Limited)
Solid Growth Investments Ltd
PT Duta Pertiwi Tbk
Aerolink Investment Ltd
AFP Agri-Resources Trading (M) Sdn Bhd
AFP Land (Malaysia) Sdn Bhd
Asia Integrated Agri Resources Ltd
Dragon Capital Investments Ltd
Florentina International Holdings Limited
Golden Agri International (M) Ltd (fka Golden Agri International (Cayman) Ltd)
Golden Agri International Trading (Cayman) Ltd
Golden Agri Trading (L) Ltd
Golden Agri International (L) Ltd
Golden Agri International (Mauritius) Ltd
Golden Agri International Trading (Mauritius) Ltd
Golden Agri International Pte Ltd
Golden Agri Plaza Pte. Ltd.
Golden Agri-Resources Ltd
Madascar Capital Pte. Ltd.
Madascar Investment Ltd
Palm Resort Berhad
Rapid Growth Investments Ltd
Shanghai Golden Bund Real Estate Co., Ltd
Straits Investments Ltd
PT Abadimas Investama
PT Binasawit Abadipratama
PT Dami Mas Sejahtera
PT Genta Mas Perkasa
PT Indokarya Mas Sejahtera
PT Ivo Mas Tunggal
PT Ivomas Oil & Fat
PT Purimas Sasmita
PT Putra Manunggal Abadi
PT Sawit Mas Sejahtera
PT Sinar Kencana Inti Perkasa
PT Sinar Mas Agro Resources & Technology Tbk
PT Soci Mas