News
Change - Announcement Of Cessation Of Key Management Personnel
BackJul 16, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 16, 2025 20:19 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Key Management Personnel |
| Announcement Reference | SG250716OTHRV1PE |
| Submitted By (Co./ Ind. Name) | Wong Teek Son |
| Designation | Executive Chairman & Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | The Board of Directors of Riverstone Holdings Limited ("the Company'' or together with its subsidiaries ''the Group") is pleased to announce the cessation of Mr. Dumrongsak Aroonprasertkul as key management personnel with effect from 16 July 2025. |
| Additional Details | |
| Name Of Person | Mr. Dumrongsak Aroonprasertkul |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 16/07/2025 |
| Detailed Reason (s) for cessation | Stepped down as General Manager of operations in Thailand and appointed as Non-Independent Non-Executive Director |
| 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 | 15/01/2001 |
| 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) | 1 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | General Manager of operations in Thailand |
| Role and responsibilities | Responsible for the business and strategic growth and development of the Group in Thailand |
| 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 | 3,180,000 ordinary shares (direct interest) in the Company |
| Past (for the last 5 years) | Nil |
| Present | Nil |