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Change - Announcement Of Cessation Of Deputy Chief Executive Officer
BackAug 06, 2020
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 6, 2020 17:55 |
| Status | New |
| Announcement Sub Title | Cessation of Deputy Chief Executive Officer |
| Announcement Reference | SG200806OTHRSYRP |
| Submitted By (Co./ Ind. Name) | Celine Tang |
| Designation | Group Managing Director |
| Effective Date and Time of the event | 06/08/2020 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Deputy Chief Executive Officer |
| Additional Details | |
| Name Of Person | Sim Chee Wah |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 10/08/2020 |
| Detailed Reason (s) for cessation | Mr Gregory Sim has resigned as Deputy Chief Executive Officer of the Company. The Board of Directors thanks Mr Gregory for his dedicated service and contributions to the SingHaiyi Group Ltd and wishes him success in his future endeavours. |
| 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? | Yes |
| If Yes, Please provide full details | The duties and responsibilities of Mr Gregory Sim will be taken over and assumed by the Group Managing Director, Mrs Celine Tang. |
| Date of Appointment to current position | 01/04/2018 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Deputy Chief Executive Officer |
| Role and responsibilities | As Deputy Chief Executive Officer, Mr Gregory Sim oversees the operations and execution of Group activities in accordance with the direction set forth by the Group Managing Director and the Board. He is also undertakes an advisory role to the overall treasury, financial, taxation and reporting functions as well as investor relations. |
| 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) | Please refer to Appendix A |
| Present | Nil |
Attachments
- Appendix A (Size: 374,720 bytes)