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

Issuer & Securities

Issuer/ Manager
ANCHOR RESOURCES LIMITED
Securities
ANCHOR RESOURCES LIMITED - SG1CG7000002 - 43E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Oct-2017 17:34:03
Status
New
Announcement Sub Title
Resignation of Non-Executive Director
Announcement Reference
SG171013OTHR8WTT
Submitted By (Co./ Ind. Name)
Low Wee Siong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Anchor Resources Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Alvin Soh, Head of Catalist Operations, Senior Vice President, and Mr Josh Tan, Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Law Phooi Wong (William)
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
13/10/2017
Detailed Reason (s) for cessation
Due to personal and other work commitments.

The Company's sponsor, UOB Kay Hian Private Limited, after having interviewed Mr Law Phooi Wong (William), is not aware of any other material reasons for the cessation of Mr Law Phooi Wong (William) as the Non-Executive Director of the Company.
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
18/12/2015
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
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.)
Non-Executive Director
Role and responsibilities
Non-Executive Director
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?
Yes
Shareholding Details
13,168,334 shares in the Company
Past (for the last 5 years)
GGTM Sdn. Bhd.
GGT Premier Sdn. Bhd.
GGT ID Sdn. Bhd.
JLP Venture Holdings Sdn. Bhd.
Angka Alamjaya Sdn. Bhd.
Angka Mining Sdn. Bhd.

Concurrent with his resignation as a director of the Company, Mr Law Phooi Wong (William) has also resigned as a director of the Company's subsidiaries, Angka Alamjaya Sdn. Bhd. and Angka Mining Sdn. Bhd..
Present
Bayaman Development Sdn. Bhd.
Gabungan Granite (Terrenganu) Sdn. Bhd.
JHW Minerals & Resources Pte. Ltd.
Majubina Land Sdn. Bhd.
Majubina Projects Sdn. Bhd.
SMD Blomass Sdn. Bhd.
Shamrock Unggul Sdn. Bhd.
Star Maestro Development Sdn. Bhd.