Change - Announcement of Cessation::Cessation of Alternate Director
Issuer & Securities
Issuer/ Manager
JAWALA INC.
Securities
JAWALA INC. - MYA013922002 - 1J7
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Nov-2023 07:16:24
Status
New
Announcement Sub Title
Cessation of Alternate Director
Announcement Reference
SG231109OTHR379B
Submitted By (Co./ Ind. Name)
Datuk Jema Khan
Designation
Chairman
Description (Please provide a detailed description of the event in the box below)
This Cessation of Alternate Director announcement has been reviewed by UOB Kay Hian Private Limited (the "Sponsor").
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.
Additional Details
Name Of Person
Muaz Bin Jema Anton Khan
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
28/11/2023
Detailed Reason (s) for cessation
Mr Muaz Bin Jema Anton Khan ("Mr Muaz") is an Alternate Director to Ms Nadja Binti Jema Khan ("Ms Nadja"). He shall ipso facto ceases as Ms Nadja's alternate following her retirement at the Annual General Meeting of the Company on 28 November 2023 ("AGM"). Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited is satisfied that save as disclosed in this announcement, there are no material reasons for the cessation of Mr Muaz as an Alternate Director to Ms Nadja.
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
01/06/2021
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.)
Alternate to Ms Nadja.
Role and responsibilities
Duties of an Alternate Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
(1) Grandson of Tan Sri Abdul Majid Khan, Substantial Shareholder;
(2) Son of Datuk Jema Anton Khan, Non-Independent Non-Executive Chairman;
(3) Second Cousin to Mr Abdul Rahman Khan Bin Hakim Khan, Executive Director and CEO; and
(4) Sibling of Ms Nadja, Non-Independent Non-Executive Director, who will be retiring at the AGM.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
(1) Digital Furniture Sdn Bhd
(2) Digital Dorm Sdn Bhd
(3) Jaycorp Engineering & Construction Sdn Bhd
Present
(1) Jaycorp Berhad
(2) Yeo Aik Wood Sdn Bhd
(3) Bongawan Solo Sdn Bhd
(4) Jaycorp Green Energy Sdn Bhd
(5) Instyle Sofa Sdn Bhd
(6) Eternal Meteor Sdn Bhd
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