Investor Relations ASL Marine Holdings Ltd
News
Announcement Of Cessation As Independent Director Who Is An Audit Committee Chairman
BackNov 29, 2013
| Resignation Details | |
| Name Of Person | Damian Hong Chin Fock |
| Age | 65 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 30/11/2013 |
| Detailed Reason(s) for Cessation | Mr Damian Hong has served the Board for more than 10 years. He resigned to relinquish directorship in support of good corporate governance practices on Board renewal and rejuvenation. The Board would like to put on record its sincere appreciation to Mr Damian Hong for his dedication, invaluable contributions and services to the Group and wishes him all the best in his future endeavors. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 16/05/2003 |
| Job Title | Non-Executive Independent Director, Chairman of Audit and Remuneration Committees and Member of the Nominating Committee |
| Role and Responsibilities | As above |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | Nil |
| Shareholding in the listed issuer and its subsidiaries | 350,000 shares |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | 1. Financial One Corp |
| Present Directorship | 1. Chailease Holding Company Limited 2. Riverstone Holdings Limited |