Change - Announcement of Cessation::CESSATION AS LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
LIONGOLD CORP LTD
Securities
LIONGOLD CORP LTD - BMG5521X1092 - A78
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jan-2020 17:33:54
Status
New
Announcement Sub Title
CESSATION AS LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG200128OTHRO3JG
Submitted By (Co./ Ind. Name)
Tan Soo Khoon Raymond
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, Stamford Corporate Services Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Bernard Lui.
Tel: 6389 3000
Email: bernard.lui@morganlewis.com

Additional Details

Name Of Person
Roland Kenneth Selvanayagam
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2020
Detailed Reason (s) for cessation
Mr Selvanayagam has resigned to facilitate board renewal.
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
04/01/2010
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)
0
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.)
Lead Independent Director, RC Chairman, AC Member, NC Member
Role and responsibilities
To perform the functions of Lead Independent Director, and fulfil the duties and responsibilities of the Chairman of the Remuneration Committee, and a member of the Nominating Committee and Audit Committee.
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
950,000
Past (for the last 5 years)
Senior Corp. Advisor - Sena Group of Companies
Shen Yao International Holding Pty Ltd
Castlemaine Goldfields Pty Ltd
Balmaine Gold Pty Ltd
Ironbark Mining Pty Ltd
Present
Mitrajaya Holdings Bhd
Ardmore International Pty Ltd
Signature Metals Limited
Uganda Minerals Pty Ltd