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

Issuer & Securities

Issuer/ Manager
TIONG SENG HOLDINGS LIMITED
Securities
TIONG SENG HOLDINGS LIMITED - SG1BH4000005 - BFI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Apr-2022 22:40:19
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG220414OTHR92HV
Submitted By (Co./ Ind. Name)
Pay Sim Tee
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Choo Hong Chun ("Mr Choo") as Chief Financial Officer ("CFO").

Based on mutual agreement with the Company, his last day of employment will be 30 September 2022, so as to ensure a smooth transition and handover process over to Mr Chew Chong Yong, the current Deputy Financial Officer who will succeed him.

Additional Details

Name Of Person
Choo Hong Chun
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2022
Detailed Reason (s) for cessation
Mr Choo has resigned as the CFO 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
16/04/2010
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Manage all financial, taxation, treasury and compliance matters for the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
- Cobiax Technologies (Asia) Pte Ltd
- Cobiax Technologies AG
Present
Nil