INVESTOR RELATIONS
Newsroom
28 Feb 2014
Announcement Of Cessation As Financial Controller And Joint Company Secretary
| Resignation Details | |
| Name Of Person | Pang Shi Kang |
| Age | 33 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 28/02/2014 |
| Detailed Reason(s) for Cessation | Mr Pang has decided to leave the Company to pursue his personal interests. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | Yes |
| If yes, please elaborate | There are no concerns with regards to the financial reporting that led to my cessation and there has not been disagreements with regards to practices that would have an impact in the company's financial reporting. There will be continued smooth functioning of the company subsequent to my cessation. |
| Date of Appointment to current position | 01/09/2013 |
| Job Title | Financial Controller and Joint Company Secretary |
| Role and Responsibilities | Oversee for the overall financial operations of the group as well as corporate secretarial matters. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | 4 |
| Shareholding in the listed issuer and its subsidiaries | 65,000 shares |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | Nil |
| Present Directorship | Nil |
| Other Notes | |
| Footnotes | The Audit Committee after having interviewed Mr Pang, is satisfied that other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Pang. Asiasons WFG Capital Pte Ltd was the financial adviser to the Company in relation to the acquisition of the entire issued share capital of OKH Holdings Pte. Ltd. (the Financial Adviser). The Financial Adviser assumes no responsibility for the contents of this announcement. |