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Change - Announcement Of Resignation Of Group Chief Operating Officer

BackSep 08, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Resignation of Group Chief Operating Officer
Securities SINGHAIYI GROUP LTD. (SINGHAI)
Date & Time of Broadcast Sep 8, 2016 17:55
Submitted By Cho Form Po
Company Secretary
Description This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange 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 Mr Ong Hwee Li (Telephone No. 65-6532 3829) at 1 Robinson Road #21-02 AIA Tower, Singapore 048542.
Cessation Details
Name of person Ng Kheng Choo
Age 42
Is effective date of cessation known? Yes
Effective date for cessation Sep 9, 2016
Detailed reason(s) for cessation Pursue other interests. The Company's Sponsor, SAC Capital Private Limited has contacted Ms Ng Kheng Choo and based on its enquiries, the Company's Sponsor is satisfied that other than as disclosed in the announcement, there are no other material reasons for the cessation of Ms Ng Kheng Choo as the Group Chief Operating Officer.

The job and responsibilities of Ms Ng Kheng Choo will be assigned to other key management personnel of the Group subsequent to her cessation as Group Chief Operating Officer.
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 Jul 16, 2014
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of independent directors currently resident in Singapore (taking this 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 1
Job Title Group Chief Operating Officer
Role and responsibilities Responsible for overseeing the overall operations for the Group.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries None
Shareholdings interest in the listed issuer and its subsidaries? No
Other directorships
Past (for the last 5 years) 1) OUE Reef Development Pte Ltd
2) Reef Development Holdings Pte Ltd
3) Anchorvale Residences Pte Ltd
4) Charlton Residences Pte Ltd
5) Corporate Residence Pte Ltd
6) Park Mall Pte Ltd
7) Perennial Somerset Investors Pte Ltd
8) Phoenix Real Estate Pte Ltd
9) Phoenix 99 Pte Ltd
10) SingHaiyi Investments Pte Ltd
11) SingHaiyi TripleOne Pte Ltd
12) SingHaiyi Capital Pte Ltd
13) SingXpress Kaylim Pte Ltd
14) SingXpress Land (Pasir Ris) Pte Ltd
15) SingXpress Property Development Pte Ltd
16) Tampines EC Pte Ltd
17) ARA Fund Management (Harmony III) Limited
18) Asset Century International Limited
19) Golden Gulf Enterprises Limited
20) Ocean Landing Property Management LLC
21) Park Mall Investment Limited
22) Park Mall Holdings Limited
23) SingHaiyi Properties (Hungary) Kft
24) Tri-County Mall LLC
Present 1) ISO Team Ltd
2) OKH Global Ltd.
3) VIT Consultancy Pte Ltd

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