Change - Announcement Of Cessation :: Demise Of Executive Officer

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Aug 31, 2020 6:43
Status	New
Announcement Sub Title	DEMISE OF EXECUTIVE OFFICER
Announcement Reference	SG200831OTHRLV58
Submitted By (Co./ Ind. Name)	Lim Mee Fun
Designation	Company Secretary
Description (Please provide a detailed description of the event in the box below)	DEMISE OF EXECUTIVE OFFICER
Additional Details
Name Of Person	Victor Gordon Pinto
Age	46
Is effective date of cessation known?	Yes
If yes, please provide the date	29/08/2020
Detailed Reason (s) for cessation	Mr Pinto passed away on 29 August 2020.
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	08/10/2018
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	1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Managing Director of CHO Ship Management Pte. Ltd.('CHOSM'), a wholly owned subsidiary of the Company.
Role and responsibilities	Mr Pinto was responsible for the overall management and operations of CHOSM.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	None
Shareholding interest in the listed issuer and its subsidiaries?	No
Past (for the last 5 years)	Nil
Present	CHO Ship Management Pte Ltd Delaware Marine Pte Ltd Sea Glory Private Limited Garo Pte Ltd Offshore Gold Singapore Pte Ltd Pembrooke Marine Pte Ltd Venture Offshore Pte Ltd Pearl Marine Pte. Ltd. High Majestic Sdn Bhd MarineCo Limited Gemini Sprint Sdn. Bhd PT Bahtera Nusantara Indonesia Fras Club One Asia Private Limited