Change - Announcement of Cessation::Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
SINGAPORE SHIPPING CORPORATION LIMITED
Securities
SINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jul-2015 19:05:48
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG150730OTHR0C83
Submitted By (Co./ Ind. Name)
Chua Siew Hwi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Non-Executive Director

Additional Details

Name Of Person
Jones Christopher Adrian
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
30/07/2015
Detailed Reason (s) for cessation
Mr Jones Christopher Adrian retired at the conclusion of the Company's Annual General Meeting held today, and although eligible, did not seek re-election at the end of his tenure.
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
21/08/2012
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Remuneration Committee and Member of the Audit & Risk Management Committee
Role and responsibilities
Assumed the roles of Independent Director, Chairman of Remuneration Committee and Member of the Audit & Risk Management 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?
No
Past (for the last 5 years)
ICAP Shipping (Singapore) Pte. Ltd.
Present
Baltic Exchange (Asia) Pte Ltd
M3 Marine Group Pte Ltd
Energy Support Management
Pte Ltd