Change – Announcement of Cessation :: Retirement of Chief Executive Officer


Announcement Title Change – Announcement of Cessation
Date & Time of Broadcast 03-Jul-2019 17:38:31
Status New
Announcement Sub Title Retirement of Chief Executive Officer
Announcement Reference SG190703OTHRH42H
Submitted By (Co./ Ind. Name) Low Chai Chong
Designation Board Chairman
Description (Please provide a detailed description of the event in the box below) Retirement of Chief Executive Officer


Additional Details

Name Of Person Aditya Wisnuwardana Seky Soeryadjaya
Age 40
Is effective date of cessation known? Yes
If yes, please provide the date 03/07/2019
Detailed Reason (s) for cessation To concentrate on the various business interests in Indonesia and to pave the way for leadership renewal.
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 17/11/2008
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) 3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Executive Director cum Chief Executive Officer
Role and responsibilities Area of responsibility is that of the Executive Director and CEO of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Son of substantial shareholder, Mr Edward Seky Soeryadjaya
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 162,656,053 shares in deemed interest:

(a) 3,505,201 shares registered in the name of JP Morgan Nominees Private Limited, of which 172,200 shares are held on trust by Redmount Holdings Limited

(b) 5,451,652 shares registered in the name of DB Nominees (Singapore) Pte Ltd

(c) 46,000,000 Right Shares registered with RHB Securities Singapore Pte Ltd for his benefit

(d) a deemed interest in the 107,699,200 shares held by Telecour Limited (Telecour) pursuant to Section 7(4) of the Companies Act, through his position as the sole Director and Shareholder of Telecour

Past (for the last 5 years) NIL
Present Redmount Holdings Limited
Luciano Group Limited
York Hill Group Limited
Chimsy Holdings Limited
Glenville Group Limited
Benegain Holdings Limited
P.T. Siwani MakmurTBk
P.T. L&M System Indonesia
P.T. Hexindo Gemilang Jaya
WB Capital Pte. Ltd.
Ortus Holdings Ltd
Ortus Capital Partners Ltd
Ortus Energy Capital Ltd
Ortus Infrastructure Capital Ltd
Ortus Infrastructure Capital Pte Ltd
Ortus Tempus Ltd
Ortus Advisory Group Pte Ltd
New Quantum International Ltd
Richland Logistics Services Pte Ltd
Richland Chemical Logistics Pte. Ltd. (fka Richland LSP Pte Ltd)
PT Richland Logistics Indonesia
PT Richland Indonesia
P.T. Widtech Indonesia
REL Oil & Gas Pte Ltd
RBC Properties Pte Ltd
Richland Project Logistics Pte Ltd
Richland Global Pte Ltd
REL Resources Services Pte Ltd
Ramba Energy Investment Limited
Ramba Energy Indonesia Limited
Ramba Energy Corridor Limited
Ramba Energy Production Limited
Ramba Energy Exploration Limited
Ramba Energy West Jambi Limited
Ramba Energy Lemang Limited
Ramba Exploration Indonesia Limited (formerly known as Ramba Resource Services Limited)
Ramba Energy Jatirarangon Limited
Southdale Holdings Limited
Telecour Limited