Change - Announcement of Cessation::CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE AND REMUNERATION COMMITTEE MEMBER

Issuer & Securities

Issuer/ Manager
GIKEN SAKATA (S) LIMITED
Securities
GIKEN SAKATA (S) LIMITED - SG0542000328 - 542
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Sep-2014 20:36:45
Status
New
Announcement Sub Title
CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE AND REMUNERATION COMMITTEE MEMBER
Announcement Reference
SG140910OTHRLC4N
Submitted By (Co./ Ind. Name)
Ng Say Tiong
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of cessation as Independent Director who is an Audit Committee and Remuneration Committee member

This announcement has been prepared by the Company and its contents have been reviewed by the company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by SGX-ST and SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Bernard Lui
Tel: (65) 6389 3000
Email: bernard.lui@stamfordlaw.com.sg

Additional Details

Name Of Person
Valentin Schillo
Age
36
Is effective date of cessation known?
Yes
If yes, please provide the date
16/09/2014
Detailed Reason (s) for cessation
To assume executive position in 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?
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
01/01/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and Member of Audit Committee and Remuneration Committee
Role and responsibilities
Mr Valentin is an Independent Director of the Company. He is also a member of the Audit Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
1) Jebsen & Jessen Offshore Accommodation Pte. Ltd.; 2) Jebsen & Jessen Offshore Engineering Pte. Ltd.; 3) Jebsen & Jessen Offshore Equipment Pte. Ltd.; 4) Jebsen & Jessen Response Pte. Ltd.; 5) Jebsen & Jessen Offshore Pte. Ltd.; 6) Jack Tat Corporation Pte Ltd; 7) Harrican Integrated Pte. Ltd.; 8) Cables International Pte. Ltd.; 9) Superior Marine & Offshore Engineering Pte. Ltd.; 10) Halcyon Energy Corporation Pte. Ltd.; 11) Halcyon Strategic Pte. Ltd.; 12) Halcyon Investment Corporation Pte. Ltd.; 13) Halcyon Agri Resources Pte. Ltd.; 14) Halcyon Corporate Services Pte. Ltd.
Present
1) VCAP Advisory Pte. Ltd,; 2) Premium Foods Holding Pte. Ltd.; 3) Currywurst Pte. Ltd.; 4) FoodCom Singapore Pte. Ltd.