News
Change - Announcement Of Cessation Of Key Executive
BackDec 01, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 1, 2025 17:46 |
| Status | New |
| Announcement Sub Title | Cessation of Key Executive |
| Announcement Reference | SG251201OTHRQ82G |
| Submitted By (Co./ Ind. Name) | Lee Wei Hsiung |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the information below. |
| Additional Details | |
| Name of person | Ferry Haryanto |
| Age | 70 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 31/12/2025 |
| Detailed reason(s) for cessation | Retirement and to pursue personal interests. |
| 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 | 29/09/2017 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | President Director |
| Role and responsibilities | To provide support on the operational, corporate and regulatory matters of PT Nirwana Lestari. He works closely with the Board of PT Nirwana Lestari as well as with its key executives and managers. In addition, he spearheads PT Nirwana Lestari's efforts and initiatives in marketing, sales, and distribution of the Company's portfolio of Agency Brands in Indonesia. |
| 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 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | Yes |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | 100,000 shares |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Other Directorships Past (for the last 5 years) |
None |
| Present | PT Freyabadi Indotama |