Change - Announcement of Cessation::RESIGNATION OF CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
ABTERRA LTD.
Securities
ABTERRA LTD - SG2C12961455 - L5I
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Sep-2017 21:27:28
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF EXECUTIVE OFFICER
Announcement Reference
SG170907OTHRN8EL
Submitted By (Co./ Ind. Name)
LAU YU
Designation
DIRECTOR
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF CHIEF EXECUTIVE OFFICER

Additional Details

Name Of Person
Lau Yu
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
07/09/2017
Detailed Reason (s) for cessation
Stepping down from executive role of CEO for personal reasons, and to focus on his business and personal affairs outside Singapore.
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
01/02/2008
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)
0
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.)
Chief Executive Officer
Role and responsibilities
Full responsibility of the role of a Chief Executive Officer
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
Past (for the last 5 years)
Loudong General Nice Resources (China) Holdings Limited
Evershine Group Holdings Limited
New Silkroutes Group Limited
Pluton Resources Limited
Present
Abterra Resources Pte. Ltd.
Abterra Macao Commercial Offshore Ltd.
Abterra Mineral Resources India Private Limited
Abterra Australia Pty Limited
PT. Abterra Resources Indonesia
Tian Yi Investment Pte. Ltd.
Tian Yi Power Co. Pte. Ltd.
Sunny Energy Limited