Change - Announcement of Cessation::Retirement of Mr. Sakda Manavapat

Issuer & Securities

Issuer/ Manager
ONE ASSET MANAGEMENT LIMITED
Securities
ONESTOXXASEAN FUND - TH6599010001 - CFN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Jul-2020 11:35:21
Status
New
Announcement Sub Title
Retirement of Mr. Sakda Manavapat
Announcement Reference
SG200715OTHR8DFA
Submitted By (Co./ Ind. Name)
SIN REP
Designation
SIN REP
Effective Date and Time of the event
30/06/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mr. MANAVAPAT has retired at the age of 60 in accordance with the rule of the company. Therefore, he resigned from being the COO and an Authorized Director of ONEAM.

Additional Details

Name Of Person
Mr. Sakda Manavapat
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2020
Detailed Reason (s) for cessation
Retirement
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
01/03/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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 Operating Officer
Role and responsibilities
The COO oversaw a company's business operations and reported to the CEO to ensure the company has effective operational and financial procedures in place.

The COO handled a company's internal affairs such as Legal, Finance and Accounting, Fund Operation, and to design operations strategies, communicated policies to employees.

He also had another position as the one of our authorized directors to act on behalf of the company.
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?
No
Past (for the last 5 years)
No
Present
No