Change - Announcement of Cessation::CESSATION OF SENIOR MANAGER FOR BUSINESS IN CHINA OPERATIONS

Issuer & Securities

Issuer/ Manager
MULTI-CHEM LIMITED
Securities
MULTI-CHEM LIMITED - SG1BA2000002 - AWZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2019 17:25:19
Status
New
Announcement Sub Title
CESSATION OF SENIOR MANAGER FOR BUSINESS IN CHINA OPERATIONS
Announcement Reference
SG190531OTHRF84L
Submitted By (Co./ Ind. Name)
Rayson Lim
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Multi-Chem Limited ("the Company") or together with its subsidiaries (the "Group" ) wishes to announce the resignation of Mr Yang Wen Kuai as Senior Manager of Business in China Operations with effect from 31 May 2019.

The Board would like to express its appreciation to Mr Yang for his contributions to the Group.


On behalf of the Board
Han Juat Hoon
Director

31 May 2019

Additional Details

Name Of Person
Yang Wen Kuai
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2019
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
01/01/2005
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)
4
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.)
Senior Manager for Business in China Operations
Role and responsibilities
Oversees the marketing and business development of the Group's operations in China.
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.