Change - Announcement of Cessation::Resignation of Independent Non-Executive Director
Issuer & Securities
SYSMA HOLDINGS LIMITED
SYSMA HOLDINGS LIMITED - SG2F06984247 - 5UO
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Non-Executive Director
Submitted By (Co./ Ind. Name)
SIN SOON TENG
EXECUTIVE CHAIRMAN AND GROUP CHIEF EXECUTIVE OFFICER
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, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
This announcement has not been examined or approved by the SGX-ST. 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 Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income At Raffles, Singapore 049318 and E-mail: email@example.com).
Name Of Person
Heng Yeow Meng
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To devote more time to the operations of his accounting practice as Managing Partner, in light of the challenging economic conditions presently.
After having interviewed Mr. Heng Yeow Meng 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. Heng Yeow Meng as the Independent Non-Executive Director of 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of Audit Committee as well as a Member of the Nominating Committee and Remuneration Committee
Role and responsibilities
Duties as Independent Non-Executive Director, Chairman of Audit Committee as well as a Member of the Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Corporate Health Advisors Pte Ltd
Heng Lee Seng LLP
HLS Corporate Services Pte Ltd
HLS Tax Advisory Services Pte Ltd
HLS Risk Advisory Services Pte Ltd
Safe & Sound Pte Ltd