Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
IMPERIUM CROWN LIMITED
Securities
IMPERIUM CROWN LIMITED - SG1S82928544 - 5HT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Oct-2017 18:39:23
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG171025OTHRX49X
Submitted By (Co./ Ind. Name)
Wan Jinn Woei
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Yong Chor Ken as an Executive Director of the Company with effect from 31 October 2017.

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

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, 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
Telephone number: (65) 6389 3000
Email address: bernard.lui@morganlewis.com

Additional Details

Name Of Person
Yong Chor Ken
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2017
Detailed Reason (s) for cessation
To pursue his own personal interests.
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
01/01/2017
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Mr Yong is responsible for the implementation of the Company's strategies to improve overall corporate performance and achieve the Company's goals. He also works with the Executive Chairman and Chief Executive Officer in evaluating and developing new business opportunities to ensure continual growth of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Transcorp Development Pte. Ltd.
Transcorp Resources Pte. Ltd.
Transrich Pte. Ltd.
Sincap Group Limited
China Enersave Limited and its group of companies
Present
Alternative Advisors Pte. Ltd.
Alternative Advisors Investment Pte. Ltd.
OLS Enterprise Limited