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Change - Announcement Of Resignation Of Chief Financial Officer
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May 09, 2018
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 9, 2018 17:12 |
| Status | New |
| Announcement Sub Title | Resignation of Chief Financial Officer |
| Announcement Reference | SG180509OTHRTC81 |
| Submitted By (Co./ Ind. Name) | Saito Hiroyuki |
| Designation | Executive Chairman / Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Sponsor's Statement: This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (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 the SGX-ST and the SGX-ST assumes 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 details of the contact person for the Sponsor is:- Name: Mr. Nathaniel C.V. (Registered Professional, RHT Capital Pte. Ltd) Address: 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619 Tel: 6381 6757 |
| Additional Details | |
| Name Of Person | Mr Chiang Kok Kin, Joe |
| Age | 57 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 04/06/2018 |
| Detailed Reason (s) for cessation | To pursue personal interests. RHT Capital Pte. Ltd., after having interviewed Mr. Joe Chiang, is satisfied that other than as disclosed in this announcement, there are no material reasons for the resignation of Mr. Joe Chiang. |
| 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? | Yes |
| If Yes, Please provide full details | There are no concerns with regards to the Group's financial reporting and there have not been disagreements with regards to practices that would have an impact on the Group's financial reporting. The Group is currently in the midst of interviewing a replacement Chief Financial Officer. |
| Date of Appointment to current position | 24/08/2010 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 5 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | Responsible for all financial matters within the Group including financial reporting, financial planning, business development and corporate secretarial aspects. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | None |
| Present | None |