Change – Announcement of Cessation :: Resignation of Chief Financial Officer


Announcement Title Change – Announcement of Cessation
Date & Time of Broadcast 23-Aug-2021 19:06:52
Status New
Announcement Sub Title Resignation of Chief Financial Officer
Announcement Reference SG210823OTHR3CA7
Submitted By (Co./ Ind. Name) Colin Peter Moran
Designation Executive Director
Description (Please provide a detailed description of the event in the box below) Resignation of Chief Financial Officer


Additional Details

Name Of Person Lee Shih Yi
Age 41
Is effective date of cessation known? Yes
If yes, please provide the date 23/09/2021
Detailed Reason (s) for cessation As a result of the public reprimand issued by SGX-ST on 20 August 2021 addressed to Ms Lee Shih Yi (“Ms Lee”), Ms Lee wishes to tender her resignation to pave the way forward for the Company.
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 06/10/2020
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) 3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer
Role and responsibilities Area of responsibility is that of the Chief Financial Officer of the Company, to oversee the Group’s financial matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries NIL
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) NIL
Present NIL