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

Issuer & Securities

Issuer/ Manager
KTL GLOBAL LIMITED
Securities
KTL GLOBAL LIMITED - SG1W37938998 - EB7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jun-2020 19:06:37
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG200609OTHR75SW
Submitted By (Co./ Ind. Name)
Liu Changsheng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the details below.

Additional Details

Name Of Person
Tan Kheng Kuan
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
29/06/2020
Detailed Reason (s) for cessation
Mr Tan Kheng Kuan will be retiring at the AGM and has indicated that he will not be seeking re-election. Accordingly, Mr Tan Kheng Kuan will cease to be a Non-Executive Director, Member of Audit Committee, Nominating Committee and Remuneration Committee at the close of the AGM.
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
02/11/2017
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Member of Audit Committee, Nominating Committee and Remuneration Committee
Role and responsibilities
Non-Executive Director, Member of Audit Committee, Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Tan Kheng Kuan is the son of Mr Tan Tock Han, a substantial shareholder of the Company and the brother-in-law of Ms Shum Ching Yee, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest in 977,756 shares and deemed interest in 123,200,000 shares of the Company.
Past (for the last 5 years)
PARADOT PTE. LTD.

WILJOHN PTE. LTD.
Present
KTL OFFSHORE PTE. LTD.

KIM TECK LEONG PTE. LTD.

KTL OFFSHORE SERVICES PTE. LTD.

FUTURE SYNTHETICS PTE. LTD.

KTL OFFSHORE (MALAYSIA) SDN. BHD.

KTL REALTY HOLDING SDN. BHD.

KTL OFFSHORE SERVICES (MALAYSIA) SDN. BHD.

KTL OFFSHORE TRADING (MALAYSIA) SDN. BHD.

PT. KTL OFFSHORE INDONESIA