Change - Announcement of Cessation::Announcement of Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
PETRA FOODS LIMITED
Securities
PETRA FOODS LIMITED - SG1Q25921608 - P34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2015 20:07:39
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Director
Announcement Reference
SG150429OTHRIHER
Submitted By (Co./ Ind. Name)
Madelyn Kwang Yeit Lam
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Director

Additional Details

Name Of Person
Josephine Price
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2015
Detailed Reason (s) for cessation
Ms Price had served the Board for about 14 years and had decided to resign as director due to other work commitments and to allow the Board to refresh itself
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
12/06/2001
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairperson of the Nominating Committee and Member of the Remuneration Committee.
Role and responsibilities
Usual duties of an Independent Director, duties as Chairperson of the Nominating Committee and member of the Remuneration Committee as covered in the terms of reference of the respective Committees.
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?
Yes
Shareholding Details
55,000 ordinary shares (in own name) and 264,000 ordinary shares (in name of nominee) in Petra Foods Limited.
Past (for the last 5 years)
Chepstow Capital Advisors Limited
Chepstow Capital Advisors Pte. Ltd.
Present
Anthem Asia Limited
Anthem Asia (Myanmar) Limited
Anthem Asia Victoria Pte. Ltd.
Anthem Asia Limited
Anthem Asia Myanmar Holdings Pte. Ltd.
Blink Limited
Legend Bird International Limited
Serendipidity Limited
Thahara Pte. Ltd.
Village People Project Limited

Attachments

PETRA_Resignation_of_ID.pdf
Total size =22K