Change - Announcement of Cessation::Cessation of Subsea Group Regional Director, Eastern Hemisphere
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
Cessation of Subsea Group Regional Director, Eastern Hemisphere
Submitted By (Co./ Ind. Name)
Ms. Rujiraporn Hengtrakool
Manager, Legal & Corporate Affairs Dept.
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Peter Reichlmeier, Subsea Group Regional Director, Eastern Hemisphere
Name Of Person
Mr. Peter Reichlmeier
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Due to internal restructuring.
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 acknowledges Mr. Peter Reichlmeier as one of the co-founders of Seascape Surveys Pte. Ltd. and PT Seascape Surveys Indonesia which were both incorporated in 2004 and 2005 respectively and acquired by the Company in 2008. During this time, he contributed to the growth of this subsea business unit and in particular its transition into a fully-fledged subsea inspection, repair and maintenance services unit of the Mermaid Group.
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.)
Subsea Group Regional Director, Eastern Hemisphere
Role and responsibilities
To manage and oversee the day-to-day operations of the subsea services business of the Mermaid Group in the Asia Pacific region.
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)
Mermaid Subsea Services (Thailand) Ltd.
Seascape Surveys Pte. Ltd.
PT Seascape Surveys Indonesia
The above-mentioned list of directorships is only relevant to the Mermaid Group and upon his cessation, Mr. Reichlmeier will resign from his directorship of these subsidiaries.