Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
SINGAPORE O&G LTD.
Securities
SINGAPORE O&G LTD. - SG1DG2000005 - 1D8
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Jun-2021 17:45:39
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG210615OTHRK5DZ
Submitted By (Co./ Ind. Name)
Dr. Beh Suan Tiong
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 document.

The contact person for the Sponsor is Ms. Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Chooi Yee-Choong
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
15/06/2021
Detailed Reason (s) for cessation
Mr Chooi Yee-Choong tendered his resignation as an Independent Director of the Company due to personal reasons.

Following Mr Chooi's resignation, he will relinquish his position as the Chairman of Remuneration Committee ("RC") and a member of Nominating Committee ("NC") of the Company with effect from 15 June 2021.

After having interviewed Mr Chooi Yee-Choong and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Chooi Yee-Choong as an Independent Director 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?
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
14/05/2015
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, RC Chairman and NC Member
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
600,000 ordinary shares in the company
Past (for the last 5 years)
Nil
Present
Taiwan Sky Ground Services Private Limited