Change - Announcement Of Cessation Of Chief Financial Officer

BackApr 27, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 27, 2018 19:22
Status New
Announcement Sub Title Cessation of Chief Financial Officer
Announcement Reference SG180427OTHRZ2GQ
Submitted By (Co./ Ind. Name) Alan Goh Keng Chian
Designation Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Cessation of Chief Financial Officer

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor Hong Leong Finance Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance, Hong Leong Finance Limited, at 16 Raffles Quay, #40-01A Hong Leong Building, Singapore 048581, telephone: +65 6415-9886.
Additional Details
Name Of Person Heng Hock Kiong @ Heng Hang Siong
Age 52
Is effective date of cessation known? Yes
If yes, please provide the date 27/04/2018
Detailed Reason (s) for cessation To pursue personal interests

Based on its enquiries, the Company's Sponsor, Hong Leong Finance Limited, is satisfied that, other than disclosed in this announcement, there are no other material reasons for the resignation of Mr Heng Hock Kiong.
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 19/01/2018
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer
Role and responsibilities Responsible for financial reporting, compliance to listing requirements and overall management of finance functions of the Group and other finance related duties.
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 168,100 ordinary shares in Katrina Group Ltd.
Past (for the last 5 years) 2009 - 2013
Independent Director of China Minzhong Food Corporation Limited
Present Asia International Arbitration and Mediation Pte Ltd
Baruch Consulting Pte Ltd
BRI Capital Management Pte Ltd

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