| Name of person * |
Mr. John Willoughby Crane III |
| Age * |
47 |
| Is Effective Date of Cessation known? * |
Yes |
| If yes, please provide the date * |
29-08-2008 |
| Detailed Reason(s) for cessation * |
| To pursue another opportunity with the Thoresen Group (majority shareholder of the Company). He will continue to be available for assistance and to support the transition of this position to the new appointee. |
|
| 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 * |
02-04-2007 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * |
Chief Financial Officer |
| Role and responsibilities * |
| Overall management of the finance, banking and accounting functions of the Group. |
|
| 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) * |
2 |
| Number of cessations of appointments specified in Listing Rule 704(7) over the past 12 months * |
2 |
