Announcement Of Cessation As Executive Director
22 October 2013
| Resignation Details | |
| Name Of Person | M.L. Chandchutha Chandratat |
| Age | 46 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 21/10/2013 |
| Detailed Reason(s) for Cessation | Resignation to persue personal interests. |
| 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? | Yes |
| If yes, please elaborate | The Company would like to record its appreciation to Mr. Chandratat, who has been a Director of the Company since 2005. We thank him for his contributions and insights and wish him well. |
| Date of Appointment to current position | 19/06/2012 |
| Job Title | Executive Director |
| Role and Responsibilities | The duties, roles and responsibilities of Executive Director. |
| 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) | Two (2) |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | Two (2) inclusive of this announcement. |
| Shareholding in the listed issuer and its subsidiaries | 477,000 shares. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None. |
| Other Directorship | |
| Past Directorship (for the last five years) | Asia Coating Services Ltd. ISS Thoresen Agencies Ltd. T.S.C. Maritime Ltd. |
| Present Directorship | Thoresen Thai Agencies Public Company Limited Thoresen & Company (Bangkok) Limited Thor Orchid Shipping Co., Ltd. Thor Mercury Shipping Co., Ltd. Thor Mariner Shipping Co., Ltd. Thor Merchant Shipping Co., Ltd. Thor Navigator Shipping Co., Ltd. Thor Captain Shipping Co., Ltd. Hermes Shipping Co., Ltd. Thor Pilot Shipping Co., Ltd. Thor Master Shipping Co., Ltd. Thor Commander Shipping Co., Ltd. Thor Transporter Shipping Co., Ltd. Thor Nereus Shipping Co., Ltd. Thor Nectar Shipping Co., Ltd. Athene Holdings Ltd. Thor Jasmine Shipping Co., Ltd. Thor Champion Shipping Co., Ltd. Thor Star Shipping Co., Ltd. Thor Skipper Shipping Co., Ltd. Thor Sailor Shipping Co., Ltd. Thor Sun Shipping Co., Ltd. Thor Sky Shipping Co., Ltd. Thor Spirit Shipping Co., Ltd. Thor Sea Shipping Co., Ltd. Thoresen Chartering (HK) Limited Thor Lotus Shipping Co., Ltd. Thor Trader Shipping Co., Ltd. Thor Traveller Shipping Co., Ltd. Thor Venture Shipping Co., Ltd. Thor Triumph Shipping Co., Ltd. Thor Guardian Shipping Co., Ltd. Thor Confidence Shipping Co., Ltd. Thor Nautica Shipping Co., Ltd. Thor Neptune Shipping Co., Ltd. Thor Nexus Shipping Co., Ltd. Thor Tribute Shipping Co., Ltd. Thor Jupiter Shipping Co., Ltd. Thor Alliance Shipping Co., Ltd. Thor Nautilus Shipping Co., Ltd. Thor Wind Shipping Co., Ltd. Thor Wave Shipping Co., Ltd. Thor Dynamic Shipping Co., Ltd. Thor Enterprise Shipping Co., Ltd. Thor Harmony Shipping Co., Ltd. Thor Integrity Shipping Co., Ltd. Thor Transit Shipping Co., Ltd. Thor Endeavour Shipping Co., Ltd. Thor Energy Shipping Co., Ltd. Thoresen Shipping Singapore Pte. Ltd. Thor Fortune Shipping Pte. Ltd. Thor Friendship Shipping Pte. Ltd. Thor Horizon Shipping Pte. Ltd. Fearnleys (Thailand) Ltd. Thoresen Chartering (Pte) Ltd. Chidlom Marine Services & Supplies Ltd. GAC Thoresen Logistics Ltd. Gulf Agency Company (Thailand) Ltd. Thoresen (Indochina) S.A. Thoresen Shipping FZE Sharjah Port Services LLC Soleado Holdings Pte. Ltd. Atlantis Offshore Construction Pte. Ltd. Baconco Co., Ltd. Unique Mining Services Public Company Limited UMS Logistics and Management Co., Ltd. UMS Lighter Co., Ltd. UMS Transport Co., Ltd. UMS Port Services Co., Ltd. Baria Joint Stock Company of Services for Import Export of Agro-Forestry Products and Fertilizers ("Baria Serece") PM Thoresen Asia Holdings Pte. Ltd. Thoresen Service Center Ltd. Petrolift Inc. Peak Fitness Co., Ltd. |