Change - Announcement of Cessation::Resignation of Acting Chief Executive Officer

Issuer & Securities

Issuer/ Manager
TRICKLESTAR LIMITED
Securities
TRICKLESTAR LIMITED - SGXE45760753 - CYW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Dec-2023 20:31:21
Status
New
Announcement Sub Title
Resignation of Acting Chief Executive Officer
Announcement Reference
SG231213OTHRJVKY
Submitted By (Co./ Ind. Name)
Gunananthan Nithyanantham
Designation
Executive Director, Chief Operating Officer and Acting Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Acting Chief Executive Officer.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Gunananthan Nithyanantham
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2023
Detailed Reason (s) for cessation
Mr Gunananthan Nithyanantham ("Mr Guna") has tendered his resignation as the Acting Chief Executive Officer ("Acting CEO") of the Company which will conclude on 31 December 2023.

Mr Guna will continue to remain as the Executive Director and Chief Operating Officer.

After having interviewed Mr Guna 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 Guna as the Acting CEO.
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
01/11/2022
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Operating Officer
Role and responsibilities
Responsible for the overall for overseeing financials and corporate functions of the Company.
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
Direct interest of 8,101,719 ordinary shares
Past (for the last 5 years)
1. TrickleStar Inc.
2. TouchGrid PLT
3. Bluglobe PLT
4. Zernet Malaysia PLT
5. Service Rocket Sdn Bhd
6. Serial Rocket Sdn Bhd
7. Openpath Education Sdn Bhd
8. Aligator Ventures Sdn Bhd
9. Atque Ventures Sdn Bhd
10. Elephant Ventures Sdn Bhd
11. Emby Properties Sdn Bhd
12. Incube8 Ventures One Sdn Bhd
13. Axxis Consulting (M) Sdn Bhd
14. Serial Cellars Retails Sdn Bhd
15. Zernet Limited
6. Zernet (M) Sdn Bhd
17. CircleBright Limited
18. Ozuno Trading Pty Ltd
19. TrickleStar Limited, Hong Kong
20. TrickleStar (M) Sdn Bhd
Present
1. TrickleStar Limited, Singapore
2. PlugLoad Pte. Ltd
3. Navigos Corporation Sdn Bhd