Change - Announcement of Cessation::Cessation of Directorship

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2024 23:29:54
Status
New
Announcement Sub Title
Cessation of Directorship
Announcement Reference
SG240630OTHRI0AG
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)

Please see below the details relating to the cessation of Bambang Sugeng bin Kajairi's Directorship with effect from 30 June 2024.

Additional Details

Name Of Person
BAMBANG SUGENG BIN KAJAIRI
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2024
Detailed Reason (s) for cessation
Mr Bambang Sugeng, who was a Non-Executive Non-Independent member of the Board prior to his resignation, has taken on a full-time appointment and employment and has resigned to focus on his appointment and employment. As his new role requires him to commit substantially all of his time and to devote his full attention to the duties and responsibilities assigned to him, Mr Bambang Sugeng and the Company are of the collective view that he would not be able to commit time to play an effective role on the Board albeit a non-executive position.
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
02/07/2022
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
To participate in the strategy discussions and planning of the Company from business and commercial angles as well as provide strategic guidance, introduce potential businesses and investors (financial or otherwise) and assist with the promotion of the Company.
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
Other Directorships
Past (for the last 5 years)
- Nil -
Present
BRIGHT NORTHSTAR CAPITAL MANAGEMENT PTE. LTD.

BRIGHT NORTHSTAR CAPITAL MANAGEMENT PTE. LTD.

BRIGHT NORTHSTAR RESOURCES PTE. LTD.

RIAU CAPITAL INVESTMENT MANAGEMENT PTE. LTD.

VIRTUAL INTERNET PTE. LTD.

CARTE BLANCHE RIAU HOLDINGS PTE. LTD.

RCIM DEVELOPMENT PTE. LTD.

RIAU CAPITAL LIVE PTE. LTD.

RIAU CAPITAL TRANSFORM PTE. LTD.

CARTE BLANCE FAMILY ASSETS PTE. LTD.

CONNECTIVITY NUSANTARA PTE. LTD.

CHESTERTONS PROPERTY CONSULTANTS PTE. LTD.

RIAU CAPITAL HOLDINGS PTE. LTD.

RIAU CAPITAL INVESTMENTS PTE. LTD.