Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
GCCP RESOURCES LIMITED
Securities
GCCP RESOURCES LIMITED - KYG377411080 - 41T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Sep-2016 17:25:47
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG160928OTHR4MRT
Submitted By (Co./ Ind. Name)
Kenneth Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Company was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 30 April 2015. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Joseph Au, Senior Manager, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Denys Collin Munang
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2016
Detailed Reason (s) for cessation
Mr Denys Collin Munang has been promoted to Chief International Business Officer in Felda Global Ventures Berhad in September 2016 which would require frequent overseas travelling and take up majority of his time and attention. Mr Munang has also relinquished his role as Group Chief Executive Officer and Deputy Managing Director at Pontian United Plantations Berhad.
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
30/09/2014
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)
1
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, Chairman of the Nominating Committee, Member of the Audit Committee and Remuneration Committee of the Company.
Role and responsibilities
Responsibilities as Independent Director.
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)
Teledex Associates Sdn Bhd
Felda Farm Products Sdn Bhd
Feltex Co. Ltd
PT Felda Indo Rubber
Australian Agricultural Co Ltd
Tangkob Omya (Malaysia) Sdn Bhd
Rayasan Sdn Bhd
Pontian Pendirosa Plantations Sdn Bhd
Pontian Orico Plantations Sdn Bhd
Pontian Fico Plantations Sdn Bhd
Pontian Hillco Plantations Sdn Bhd
Pontian Materis Plantations Sdn Bhd
Pontian Subok Plantations Sdn Bhd
Redefined Land Sdn Bhd
Rawajaya Sdn Bhd
Blossom Plantations Sdn Bhd
Sabahanya Plantations Sdn Bhd
Jubilant Paradise Sdn. Bhd
Fortune Plantations Sdn. Bhd.
Present
Trusjadi Holdings Sdn Bhd
Tangkob Associates Sdn Bhd
Asian Plantations (Sarawak) II Sdn. Bhd.
Asian Plantations (Sarawak) III Sdn. Bhd.
Asian Plantations (Sarawak) Sdn. Bhd.
Asian Plantations Miling Sdn. Bhd.
Bangsan Sdn. Bhd.
Felda Grains Terminal Sdn. Bhd.
Grand Performance Sdn. Bhd.
Kilang Kelapa Sawit Pontian Sdn Bhd
Malacca Plantation Sdn. Bhd.
Pontian United Plantations Berhad

Attachments

GCCP_BOD_Recomposition.pdf
Total size =104K