SGX Announcements
Change - Announcement Of Cessation Of The Group Financial Controller
BackApr 15, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 15, 2024 17:49 |
| Status | New |
| Announcement Sub Title | CESSATION OF THE GROUP FINANCIAL CONTROLLER |
| Announcement Reference | SG240415OTHRUDU5 |
| Submitted By (Co./ Ind. Name) | YUSAKU MISHIMA |
| Designation | EXECUTIVE CHAIRMAN |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Ms. Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Name Of Person | Wong Han Siang |
| Age | 49 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/05/2024 |
| Detailed Reason (s) for cessation | Mr Wong Han Siang ("Mr Wong") has tendered his resignation to pursue other career opportunities. After having interviewed Mr Wong and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Wong as the Group Financial Controller. In addition, there is no concern with regard to financial reporting that led to the cessation of Mr Wong, and there is no disagreement between Mr Wong and the Company's Board of Directors with regard to practices that will have an impact on the Company's financial reporting. Following the resignation of Mr Wong, the Company is in the process of searching and identifying a suitable candidate for the position as Group Financial Controller, and will make the necessary announcement when the candidate is appointed. |
| 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 | 12/07/2022 |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Group Financial Controller |
| Role and responsibilities | Mr Wong Han Siang is responsible for the Group's financial and accounting matters and its compliance with financial reporting and regulatory requirements. He also handles other general affairs and administrative matters of the Company. |
| 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) | See attachment provided |
| Present | None |
Attachments
- Annexure A (Size: 116,482 bytes)