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| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Retirement of Director |
| Securities | KENCANA AGRI LIMITED (KENCANAG) |
| Date & Time of Broadcast | Apr 25, 2017 19:37 |
| Submitted By | Mr Phillip Lim Company Secretary |
| Description | The Board of Directors of Kencana Agri Limited (the "Company") wishes to announce the retirement of Mr Kent Surya ("Mr Surya") as Director of the Company at the Annual General Meeting of the Company duly held on 25 April 2017. The Board of Directors would like to express their appreciation to Mr Surya for his contributions to the Company during his term of office. |
| Cessation Details | |
| Name of person | Kent Surya |
| Age | 60 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 25, 2017 |
| Detailed reason(s) for cessation | Retirement and to pursue personal interest |
| 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 | May 30, 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 this 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 | 0 |
| Job Title | Finance Director |
| Role and responsibilities | Executive - Responsible for finance and accounting, corporate finance, treasury, tax, compliance and information technology of the Group. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | NIL |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 209,360 shares in Kencana Agri Limited |
| Other directorships | |
| Past (for the last 5 years) | 1. Kencana Agri Limited |
| Present | 1. PT. Agro Inti Kencanamas 2. PT. Alamraya Kencana Mas 3. PT. Sawit Permai Lestari 4. PT. Agri Eastborneo Kencana 5. PT. Agro Sawitmas Lestari 6. PT. Agrojaya Tirta Kencana 7. PT. Cahaya Permata Gemilang 8. PT. Citra Megah Kencana 9. PT. Karunia Sawit Permai 10. PT. Kencana Agro Jaya 11. PT. Loka Indah Lestari 12. PT. Mentari Bangun Persada 13. PT. Sawindo Cemerlang 14. PT. Sawindo Kencana 15. PT. Sawit Alam Permai 16. PT. Sawit Kaltim Lestari 17. PT. Wira Mas Permai 18. PT. Wira Palm Mandiri 19. PT. Wira Sawit Mas |