Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
FALCON ENERGY GROUP LIMITED
Securities
FALCON ENERGYS$50M4.5%N200919 - SG6SJ3000005 - 16NB
FALCON ENERGY GROUP LIMITED - SG1Q49922319 - 5FL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Oct-2020 18:10:13
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG201020OTHRYBYZ
Submitted By (Co./ Ind. Name)
Tan Pong Tyea
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
CESSATION OF INDEPENDENT DIRECTOR

Additional Details

Name Of Person
Tan Tee Beng
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
20/10/2020
Detailed Reason (s) for cessation
To pursue other interest
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
28/12/2018
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee, Member of Audit and Remuneration Committees.
Role and responsibilities
Responsibilities of Independent Director, Chairman of Nominating Committee, Member of Audit and Remuneration Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Nil