Change - Announcement of Cessation::(1) CESSATION OF EXECUTIVE DIRECTOR (2) APPOINTMENT OF CONSULTANT
Issuer & Securities
MIRACH ENERGY LIMITED
MIRACH ENERGY LIMITED - SG1AJ5000002 - AWO
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
(1) CESSATION OF EXECUTIVE DIRECTOR (2) APPOINTMENT OF CONSULTANT
Submitted By (Co./ Ind. Name)
Chan Shut Li, William
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Please see attached
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Personal reasons and appointment as a Consultant to 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?
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.)
Role and responsibilities
Leading the oilfield services and trading.
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?
200,000 Performance Share Plan; 500,000 Employee Share Option Scheme
Past (for the last 5 years)
Total size =58K