Change - Announcement of Cessation::Cessation as Executive Director
Issuer & Securities
SPACKMAN ENTERTAINMENT GROUP LIMITED
SPACKMAN ENTERTAINMENT GRP LTD - SG1AB0000004 - 40E
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation as Executive Director
Submitted By (Co./ Ind. Name)
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, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is:-
Name: Mr Mah How Soon, Registered Professional, RHT Capital Pte. Ltd.
Address: 9 Raffles Place #29-01, Republic Plaza Tower 1, Singapore 048619
Tel: 6381 6757
Name Of Person
Jung, Suk Young
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To assume a new appointment in a new spin-off entity in connection to the proposed listing of Frame Pictures Co., Ltd. and Novus Mediacorp Co., Ltd.
Based on its enquiries the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Jung as the executive 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Role and responsibilities
Overseeing and managing film production, development, presentation and financing of the Company's films.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
3,460,209 ordinary shares in the Company
Past (for the last 5 years)
Novus Mediacorp Co., Ltd.