Change - Announcement of Cessation::Cessation of Chief Financial Officer - Mr. Suherman Budiono
Issuer & Securities
BLACKGOLD NATURAL RESOURCES LIMITED
BLACKGOLD NATURAL RESOURCESLTD - SG1AH0000001 - 41H
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Chief Financial Officer - Mr. Suherman Budiono
Submitted By (Co./ Ind. Name)
Philip Cecil Rickard
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Chief Financial Officer
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other personal interests.
Based on its enquiries the Company's sponsor, SAC Advisors Private Limited, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Budiono as the Chief Financial Officer ("CFO") of the Company.
In addition, there are no concerns with regard to financial reporting that led to the departure of the CFO and there are no disagreements between the CFO and the Board of Directors of the Company with regard to practices that will have an impact on the Company's financial reporting.
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.)
Chief Financial Officer
Role and responsibilities
Executive Officer. Mr. Budiono was responsible for finance, accounting, tax analysis and financial report of the BlackGold Group's operations.
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?
Past (for the last 5 years)