Change - Announcement of Cessation::Cessation as Non-Executive Director
Issuer & Securities
HOTUNG INVESTMENT HLDGS LTD
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation as Non-Executive Director
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Please see details below.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Dr. Boon-Wan Tan indicated his intention not to seek re-election, and to accordingly retire as Director of the Company at the conclusion of the Annual General Meeting of the Company on April 17, 2018 pursuant to Bye-laws 94 and 95 of the Bye-laws of 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
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)
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Minerva Energy Pte. Ltd.
Concord Energy Oil Terminal Pte. Ltd.
GJY Investments Holdings Pte. Ltd.
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Sebrina Holdings Pte. Ltd.
Concord Energy Pte. Ltd.
Provenance Capital Pte. Ltd.
Amity Actus Assets Ltd.
Amity Actus Group Ltd.