Change - Announcement Of Resignation Of Non-Executive Director

BackJun 20, 2018
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Resignation of Non-Executive Director
Date & Time of Broadcast Jun 20, 2018 20:15
Submitted By Chong Chee Meng Gerard
Lead Independent Director
Description Resignation of Mr Christopher Michael Peck as Non-Executive Director
Cessation Details
Name of person Christopher Michael Peck
Age 44
Is effective date of cessation known? Yes
Effective date for cessation Jun 20, 2018
Detailed reason(s) for cessation Due to 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 Mar 17, 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 this 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 Non-Executive Director
Role and responsibilities Non-Executive.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Nil
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details Deemed interests - 457,537,500 ordinary shares

Mr Christopher Michael Peck is a director of and holds more than 20% of the shares in Maiora Asset Management Pte. Ltd. which manages Maiora Asian Structured Finance Segregated Portfolio. Accordingly, by virtue of section 7 of the Companies Act, Chapter 50 of Singapore, Mr Christopher Michael Peck is deemed to be interested in all the shares held by Maiora Asian Structured Finance Segregated Portfolio.
Other directorships
Past (for the last 5 years) Nil
Present 1. Maiora Asset Management Pte. Ltd.
2. Solar Founders Limited
3. MMP Resources Japan K. K.
4. Annupuri Village, K.K. Hokkaido Japan