Change - Announcement of Cessation::Cessation of Executive Director and Executive Chairman

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Mar-2019 17:04:53
Status
New
Announcement Sub Title
Cessation of Executive Director and Executive Chairman
Announcement Reference
SG190308OTHRLEXA
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director and Executive Chairman

Additional Details

Name Of Person
Ow Earng Hong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
10/03/2019
Detailed Reason (s) for cessation
To devote more time and attention to his other work commitments.
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
26/07/2016
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Executive Chairman
Role and responsibilities
Executive - responsible for overseeing the day-to-day operations of the Company and the Group.
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
Ow Earng Hong is the sole shareholder and director of Sirius Nine Private Limited which holds (through its CDP depository account and its sub-depository account maintained with OCBC Securities Private Limited) 202,264,584 ordinary shares in the Company. Accordingly, Ow Earng Hong is deemed to be interested in all the ordinary shares of the Company held by Sirius Nine Private Limited.
Past (for the last 5 years)
GO2014 Pte. Ltd.
Garnet 9 Carriers Pte. Ltd.
Present
Nil