|Announcement Title||Change - Announcement of Cessation|
|Date & Time of Broadcast||Jun 15, 2022 19:04|
|Announcement Sub Title||CESSATION OF DIVISIONAL DIRECTOR OF FINANCE|
|Submitted By (Co./ Ind. Name)||DATO' MURLY MANOKHARAN|
|Designation||PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER|
|Description (Please provide a detailed description of the event in the box below)||CESSATION OF MS CHONG MENG FONG, JOANNE AS DIVISIONAL DIRECTOR OF FINANCE|
|Name Of Person||Chong Meng Fong, Joanne|
|Is effective date of cessation known?||Yes|
|If yes, please provide the date||31/07/2022|
|Detailed Reason (s) for cessation||Ms Chong Meng Fong, Joanne ("Ms Joanne") has served her notice of resignation due to her intention to relocate to a different region owing to family commitments and where the Group currently has no operations.
The Company has accepted Ms Joanne's resignation on 15 June 2022 and her effective last date of service is on 31 July 2022.
The Company is in the process of finding a replacement for the position and will make the necessary announcement when a suitable internal or external candidate is appointed. In the interim, her responsibilities will be taken over by Ms Law Li Li, Team Lead of Finance who will report to the Company's Chief Financial Officer, Mr Lim Soo Aun.
The Company expresses its gratitude to Ms Joanne for her valuable contributions during her tenure of service and wishes her success in her future endeavours.
|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||01/09/2020|
|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)||1|
|Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months||0|
|Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)||Divisional Director of Finance|
|Role and responsibilities||Ms Joanne oversees the Group's financial operations and all the functions of the Group's Accounts and Credit Administrations.|
|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|