Change - Announcement Of Cessation :: Cessation Of Executive Officer
Sep 27, 2018
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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 27, 2018 18:04 |
| Status | New |
| Announcement Sub Title | Cessation of Executive Officer |
| Announcement Reference | SG180927OTHRI982 |
| Submitted By (Co./ Ind. Name) | Ong Eng Keong |
| Designation | Executive Director and CEO |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "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 contact person for the Sponsor is Ms Tay Sim Yee, at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542, telephone: 65 6532 3829. |
| Additional Details | |
| Name Of Person | Chong Su Hui, Joanna |
| Age | 38 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/09/2018 |
| Detailed Reason (s) for cessation | For the pursuit of other career options. SAC Capital Private Limited, having interviewed Ms Chong, is satisfied that other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms Chong. |
| 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 | 01/01/2018 |
| 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) | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Sales and Marketing Manager |
| Role and responsibilities | She is responsible for keeping up with new trends and opportunities in the property market, project costing and developing and implementing strategic sales plans to achieve our Group's sales targets. She develops and maintains client relationships, and handles projects sales and marketing. She is also involved in the processes occurring after TOP and CSC, including handover of units and the formation of the Management Corporation Strata Title. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | NIL |
| Present | NIL |