Change - Announcement of Cessation::CESSATION OF DIRECTOR
Issuer & Securities
MIRACH ENERGY LIMITED
MIRACH ENERGY LIMITED - SG1AJ5000002 - AWO
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION OF DIRECTOR
Submitted By (Co./ Ind. Name)
Chan Shut Li, William
Executive Chairman & CEO
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Richard Tan Kheng Swee as Lead Independent Director
Name Of Person
Richard Tan Kheng Swee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Commitment to his own personal business
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?
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.)
(I) Lead Independent Director
(ii) Chairman of Remuneration Committee
(iii) Member of Audit Committee
(iv) Member of Nominating Committee
Role and responsibilities
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?
(i) 2,000 Ordinary Shares
(ii) 500,000 Employee Share Options Scheme
Past (for the last 5 years)
(1) 8Telecom International Holdings Co. Ltd.
(2) Dapai International Holdings Co., Limited
(3) Hu An Cable Holdings Ltd
(4) Medtecs International Corporation Limited
(I) Barker Henley LLC
(ii) Jumbo Group Limited
(iii) Airguide International Pte. Ltd.