This printed article is located at https://investor.amosgroup.com/news.html
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 13, 2018 22:14 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Director |
| Announcement Reference | SG180313OTHRVM1R |
| Submitted By (Co./ Ind. Name) | Sharon Yeoh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Executive Director |
| Additional Details | |
| Name Of Person | Desmond Teo Bee Chiong |
| Age | 59 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 13/03/2018 |
| Detailed Reason (s) for cessation | Resignation of Director due to the change in control of the Company. Mr Desmond Teo Bee Chiong shall remain as Chief Executive Officer of the Company. |
| 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 | 25/02/2012 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| 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 | 7 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and NC Member |
| Role and responsibilities | Responsible for overall management, formulating the Group's strategic directions and expansion plans, developing and maintaining relationships with the customers and suppliers and overseeing our Group's general operations. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Brother of Mr Teo Bee Hoe, Substantial Shareholder (deemed) Brother of Mr Teo Bee Yen, Substantial Shareholder (deemed) Brother of Mr Steven Teo, Substantial Shareholder (deemed) |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Deemed Interest - 257,572,000 ordinary shares |
| Past (for the last 5 years) | Nil |
| Present | 1. Allseas Marine Services Pte. Ltd. 2. Bridge Testing Centre (Pte) Ltd. 3. Gaylin Asia Pte. Ltd. 4. Gaylin International Pte Ltd 5. Gaylin Korea Pte. Ltd. 6. Gaylin Marine Supply Pte. Ltd. 7. Gaylin Power Pte. Ltd. 8. GI Offshore Engineering Pte. Ltd. 9. Lv Yang (Tianjin) Offshore Equipment Pte. Ltd. 10. Keh Swee Investment Pte. Ltd. 11. Phoenix Offshore Co., Ltd. 12. Rig Marine Holdings FZE 13. Rigmarine Europe Limited 14. Rig Marine FZE 15. Lv Yang (Tianjin) Offshore Equipment Co,. Ltd. 16. Gaylin Korea Co., Ltd. 17. PT. Gaylin |