Change - Announcement of Cessation::Resignation of a Key Management

Issuer & Securities

Issuer/ Manager
WORLD CLASS GLOBAL LIMITED
Securities
WORLD CLASS GLOBAL LIMITED - SG1DH0000005 - 1E6
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jan-2019 17:39:14
Status
New
Announcement Sub Title
Resignation of a Key Management
Announcement Reference
SG190108OTHRM9WW
Submitted By (Co./ Ind. Name)
Yip Chee Kwang
Designation
Company Secretary
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, ZICO Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and 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. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd., at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Name Of Person
Lai Gin Yee
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
17/01/2019
Detailed Reason (s) for cessation
Miss Lai has resigned as Assistant Marketing Director of the Company to pursue other career opportunity.

The Sponsor, after having interviewed Miss Lai, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Miss Lai as Assistant Marketing 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?
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
16/10/2013
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)
3
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.)
Assistant Marketing Director
Role and responsibilities
Leading the sales and marketing team in developing sales and marketing strategies for the Group's projects.
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