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

Issuer & Securities

Issuer/ Manager
SUNRISE SHARES HOLDINGS LTD.
Securities
SUNRISE SHARES HOLDINGS LTD. - SG0581008505 - 581
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Aug-2021 19:43:27
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG210831OTHRV3IZ
Submitted By (Co./ Ind. Name)
Shirley Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Asian Corporate Advisors 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 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. Foo Quee Yin, at 160 Robinson Road, #21-05 SBF Center, Singapore 068914, Telephone number: 6221 0271

Additional Details

Name Of Person
Chan Hing Yin
Age
37
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2021
Detailed Reason (s) for cessation
Mr. Chan Hing Yin has tendered his resignation as CFO on 31 August 2021 to pursue his career progression/advancement.

Mr. Chan will be working closely with the Group's finance team to ensure a smooth transition and handover of duties. In the meantime, the Company has already considered and identified a potential candidate as a replacement for the position of CFO. The Company will make the necessary announcements when a suitable candidate is appointed.

After having interviewed with Mr. Chan Hing Yin and to be best of its knowledge, the Sponsor is satisfied that save as disclosed in this announcement, there are no other materials reasons for the cessation Mr. Chan Hing Yin as Chief Financial Officer 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?
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
20/03/2017
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 Financial Officer
Role and responsibilities
Mr. Chan was responsible for overseeing the finance and accounting functions of the Group.
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)
Sunrise Investment Limited
Hong Kong Sunrise Consultant Limited
Australia Sunrise Consultant Management Pty. Ltd.
Present
Hong Kong Sunrise Industrial Development Limited