Change - Announcement of Cessation::Resignation of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
CLEARBRIDGE HEALTH LIMITED
Securities
CLEARBRIDGE HEALTH LIMITED - SG1EB6000000 - 1H3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Feb-2024 18:06:43
Status
New
Announcement Sub Title
Resignation of Chief Operating Officer
Announcement Reference
SG240214OTHR709D
Submitted By (Co./ Ind. Name)
Chen Johnson
Designation
Chairman, Non-Executive Non-Independent Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Operating Officer

This announcement has been prepared by Clearbridge Health Limited (the "Company" and, together with its subsidiaries, the "Group") and has been reviewed by the Company's sponsor, United Overseas Bank Limited (the "Sponsor"), for compliance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules").

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 Mr. David Tham, Senior Director, Equity Capital Markets, who can be contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898.

Additional Details

Name Of Person
Liau Yen San, Jonathan
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
29/02/2024
Detailed Reason (s) for cessation
Mr. Liau Yen San, Jonathan ("Mr Liau") has resigned to pursue other personal interests.

After having interviewed Mr Liau, the Sponsor is not aware of any material reasons for the resignation of Mr Liau as the Chief Operating Officer of the Company which could have a material adverse impact on the Group.
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
06/01/2021
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Mr Liau is responsible for overseeing commercial strategy, new products/services initiatives and general development and management responsibilities of the Group with a view to implementing strategies, streamline and improve operating performance.
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?
Yes
Shareholding Details
Mr Liau holds 5,325,962 ordinary shares in the capital of the Company. In addition, Mr Liau is a subscriber of convertible bonds, amounting to S$100,000, issued by the Company in March 2019. Please refer to the Company's announcement on the proposed issue of the convertible bonds dated 31 January 2019 for more details on the terms and conditions of the convertible bonds.
Past (for the last 5 years)
1. Clearbridge Health USA Inc.
2. Biomedics Laboratory Pte. Ltd.
3. SAM Laboratory Pte. Ltd.
4. Clearbridge Biophotonics, Inc.
5. Clearbridge Biophotonics FPM, Inc.
Present
1. Clearbridge Dental Holdings Pte. Ltd.
2. Clearbridge BSA Pte. Ltd.
3. Clearbridge Health (Philippines) Inc.
4. Clearbridge Medical (Philippines) Inc.
5. Urban Dental (SG) Pte. Ltd.
6. LKDS (Hougang Green) Pte. Ltd.
7. LKDS (Yishun) Pte. Ltd.
8. LKDS (Simei) Pte. Ltd.
9. Dental Focus (Bendemeer) Pte. Ltd.
10. Dental Town (AMK) Pte. Ltd.
11. Dental Focus (Pioneer) Pte. Ltd.
12. DentalFamily (Pioneer) Pte. Ltd.
13. Dental Focus (People's Park) Pte. Ltd.
14. Golden Bridge Pte. Ltd.
15. Renum Distribution Holdings Pte. Ltd.