Change - Announcement of Cessation::Announcement of Cessation of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Oct-2022 12:21:31
Status
New
Announcement Sub Title
Announcement of Cessation of Executive Director and Chief Executive Officer
Announcement Reference
SG221005OTHRZ4IK
Submitted By (Co./ Ind. Name)
Kong Chee Keong
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Executive Director and Chief Executive Officer

Additional Details

Name Of Person
Kong Chee Keong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
03/01/2023
Detailed Reason (s) for cessation
To pursue personal interest in energy projects
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
01/09/2021
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Role and responsibilities
Executive - Responsible for the general management, overall strategic planning and direction of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Libra Group Limited
Biolidics Limited
Present
JEP Holdings Ltd.
Penvest Co., Pte. Ltd.
Arc Energy Pte. Ltd.
PIP Energy Pte. Ltd.
Blue Tirta Pte. Ltd.
PT Puncak Bintang Perkasa