Silkroad Nickel’s Datuk Lim Kean Tin has ceased to be the company’s non-executive and non-independent director effective March 15.
According to a filing on SGX, Lim’s cessation comes as he has failed to attend two Board meetings consecutively without special leave of absence from the board.
SEE:Silkroad Nickel signs new offtake agreement valued at over US$90 mil
Lim has thus ceased to be a director of the company under regulation 102(viii) of the company’s constitution.
Lim was appointed as the company’s non-executive and non-independent director on July 5, 2018. He has a direct interest of 8.25 million shares in the company.
Shares in Silkroad Nickel closed 5.5 cents higher or 13.9% up at 45 cents on March 16.