Resignation of Executive Director and Chief Executive Officer
Related Announcements
| Change – Announcement of Cessation::Resignation of Executive Director and Chief Executive Officer | |
| Issuer/ Securities | |
| Issuer/ Manager | HALCYON AGRI CORPORATION LIMITED |
| Securities | HALCYON AGRI CORPORATION LTD – SG2F48989824 – 5VJ |
| Stapled Security | No |
| Announcement Details | |
| Announcement Title | Change – Announcement of Cessation |
| Date & Time of Broadcast | 26-Jun-2020 21:36:27 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Director and Chief Executive Officer |
| Announcement Reference | SG200626OTHRIU73 |
| Submitted By | Liew Guat Yi |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Gunther Robert Meyer as Executive Director and the Chief Executive Officer of the Company. |
| Additional Details | |
| Name of Person | Gunther Robert Meyer |
| Age | 46 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 26/06/2020 |
| Detailed Reason (s) for cessation |
Mr Gunther Robert Meyer has tendered his resignation as the Executive Director and Chief Executive Officer with effect from 26 June 2020. He has indicated that his resignation is to pursue other personal interest and is in consideration of the progressive renewal of the Company’s Board of Directors and management. Mr Meyer will be working closely with the Board and his successor within the next three (3) months, to achieve a smooth transition. |
| 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 | 08/07/2010 |
| 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) | 4 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and Chief Executive Officer |
| Role and responsibilities | Mr Gunther Robert Meyer is in charge of formulating and executing the business strategy of the Group, and of overseeing its day-to-day management. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Deemed Interest: 55,860,000 ordinary shares |
| Past (for the last 5 years) | (1) Keystone Investments Ltd (2) KS Commodities Ltd (3) Ragri Pte. Ltd. (4) Halcyon Energy Corporation Pte. Ltd. (5) Halcyon Agri Resources Pte. Ltd. (6) Halcyon Corporate Services Pte. Ltd. (7) 6t9 Collection Pte. Ltd. (8) First Agriculture Holdings Pte. Ltd. Note: Excluding directorships in the Company’s subsidiaries |
| Present | (1) Halcyon Investment Corporation Pte. Ltd. (2) Halcyon Strategic Pte. Ltd. (3) Nut Hill Investments Ltd. (4) Angsana Investments Pet. Ltd. (5) Wintershine Asia Pte. Ltd. (6) Angsana Capital Ltd. (7) Lloyd Holdings Pte Ltd (8) Halcyon Lloyd Pte. Ltd. (9) Singapore Aquaculture Technologies (SAT) Pte. Ltd. Note: Excluding directorships in the Company’s subsidiaries |