Change - Announcement of Cessation::Cessation of Non-Executive Non-Independent Director

Issuer & Securities

Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2018 07:18:59
Status
New
Announcement Sub Title
Cessation of Non-Executive Non-Independent Director
Announcement Reference
SG180402OTHRQEYM
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Director, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Non-Independent Director

Additional Details

Name Of Person
Frankle (Djafar) Widjaja
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
23/04/2018
Detailed Reason (s) for cessation
Not seeking re-election as a Director at the forthcoming annual meeting of the Company to be held on 23 April 2018, and will accordingly retire as a Director at the conclusion of the said annual meeting.
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
24/05/1999
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director
Role and responsibilities
Responsibilities as Non-Executive Non-Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Mr. Franky Oesman Widjaja and Mr. Muktar Widjaja, Directors of Golden Agri-Resources Ltd.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
WF Capital Limited (Deregistered)
Present
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Anak Bukit Resorts Sdn Bhd
Bund Center Investment Ltd
Golden Agri International Pte Ltd
Golden Agri Plaza Pte. Ltd.
Handful Resources Limited
Koon Chung Limited
Ningbo Golden Department Store Co., Ltd
Ningbo Zhonghua Land Co., Ltd
Palm Resort Berhad
Palm Villa Sdn Bhd
Primewyn Management & Services Pte Ltd
Shanghai Golden Bund Real Estate Co., Ltd
Smart Investment Ltd