FEDERAL INTERNATIONAL (2000) LTD
Incorporated in the Republic of Singapore
Company Registration No. 199907113K
CHANGES IN THE COMPOSITION OF THE BOARD COMMITTEES
The Board of Directors ofFederal International (2000) Ltd (the "Company" and together with its subsidiaries, the "Group") wishes to announce that Mr Murali Krishna Ramachandra, the existing Independent Director be appointed as a member of the Audit Committee, the Nominating Committee and the Remuneration Committee with effect from 12 August 2021.
Following the above changes, the composition of the Board Committees of the Company with effect from 12 August 2021 shall be as follows:
Board of Directors | |
Koh Kian Kiong | Executive Chairman and Chief Executive Officer |
Maggie Koh | Executive Director |
Koh Beng Guan Don | Executive Director |
Hoon Tai Meng | Lead Independent Non-Executive Director |
Khoo Boo Yeow, Andrew | Independent Non-Executive Director |
Loh Eu Tse, Derek | Independent Non-Executive Director |
Murali Krishna Ramachandra | Independent Non-Executive Director |
Audit Committee | |
Hoon Tai Meng | Chairman |
Khoo Boo Yeow, Andrew | Member |
Loh Eu Tse, Derek | Member |
Murali Krishna Ramachandra | Member |
Nominating Committee | |
Loh Eu Tse, Derek | Chairman |
Koh Kian Kiong | Member |
Khoo Boo Yeow, Andrew | Member |
Hoon Tai Meng | Member |
Murali Krishna Ramachandra | Member |
Remuneration Committee | |
Khoo Boo Yeow, Andrew | Chairman |
Loh Eu Tse, Derek | Member |
Hoon Tai Meng | Member |
Murali Krishna Ramachandra | Member |
By order of the Board
Mr Koh Kian Kiong
Executive Chairman and Chief Executive Officer
Date: 12 August 2021
About Federal International (Bloomberg Code: FEDI SP)
Established in 1974 and listed on the mainboard of the Singapore Stock Exchange in 2000, Federal International (2000) Limited ("Federal" and together with its subsidiaries, the "Group"), is an integrated service provider and procurement specialist in the oil and gas and energy industries. The Group's main trading business contributes over 90% of total turnover.
The Group's strategy for sustainable growth ofthe trading business is through forming strategic partnerships. One such partnership is with PT Gunanusa Utama Fabricators ("PTG"). PTG is an established EPCIC contractor and its customers include oil majors such as TOTAL, Petronas, ONGC, Pertamina and PTTEP. The Group provides procurement services to PTG for the projects secured by PTG.
In addition, the Group has a design and manufacturing facility located in Scotland, the United Kingdom. The facility is American Petroleum Institute (API) Q1, Spec 6D, ISO 9001:2015 and Pressure Equipment Directive 97/23/EC (PED) certified. Products manufactured also meet the Safety Integrity Level (SIL) Qualification independently certified by Exida.
The Group also owns a floating, storage and offloading ("FSO") vessel through its 30% interest in an associate. The FSO is chartered to PT Pertamina Hulu Energi OSES. The Group has a 1,200 HP American built land drilling rig. The Group also operates an industrial tap water plant in the People's Republic of China under a 30-year Build, Operate and Transfer agreement with the local Xinjin District, Chengdu government.
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Federal International (2000) Ltd. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 11:51:06 UTC.