CHANGES IN THE COMPOSITION OF BOARD AND BOARD COMMITTEES
The Board of Directors (the “Board”) of EMAS Offshore Limited (the "Company") wishes to announce that Mr. Dale Bruce Alberda has resigned as an Independent Director of the Company with effect from 28 February 2017 due to his appointment as the Executive Officer of the Group. The resignation is effective immediately.
Following the aforesaid cessation with effect from 28 February 2017, the new composition and designation of the Board and Board Committees are as follows:
| Name of Director | Designation | RC |
||
| Mr. Lee Kian Soo | Executive Chairman | - | - | - |
| Capt. Adarash Kumar A/L Chranji Lal Amarnath | CEO and Executive Director | - | - | - |
| Dr. Wang Kai Yuen | Independent Director | Chairman |
Member |
Member |
| Mr. Cuthbert Ignatious Jeyaretnam Charles | Independent Director | Member | Member | Chairman |
Notes:
AC – Audit Committee
NC – Nominating Committee
RC – Remuneration Committee
The Company is dual listed on the Oslo Stock Exchange and the Singapore Stock Exchange.
This announcement is subject to disclosure in accordance with section 3.2 of the Continuing Obligations for Companies listed on Oslo Stock Exchange and section 5-12 of the Norwegian Securities Trading Act.
By Order of the Board
Shannon Ong
Company Secretary
28 February 2017