Change - Announcement of Cessation::Announcement of retirement of Director at AGM

Issuer & Securities

Issuer/ Manager
GALLANT VENTURE LTD.
Securities
GALLANT VENTURE LTD. - SG1T37930313 - 5IG

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2014 21:54:28
Status
New
Announcement Sub Title
Announcement of retirement of Director at AGM
Announcement Reference
SG140430OTHRL0CE
Submitted By (Co./ Ind. Name)
Choo Kok Kiong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as Non-Executive Director

Additional Details

Name Of Person
BG (Ret) Chin Chow Yoon
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2014
Detailed Reason (s) for cessation
BG (Ret) Chin Chow Yoon has retired as a Director of the Company at the conclusion of its annual general meeting held on 30 April 2014
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
08/12/2004
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.)
Non-Executive Director, Nominating Committee Member
Role and responsibilities
Non-Executive Director

Member of Nominating Committee
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)
1) Bintan Resort Ferries Private Limited; 2) Bintan Resorts International Pte Ltd; 3) Gallant Venture Ltd; 4) PT Bintan Resort Cakrawala; 5) PT Buana Megawisatama; 6) Verizon Resorts Limited
Present
Nil