Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY

Issuer & Securities

Issuer/ Manager
SUNMART HOLDINGS LIMITED
Securities
SUNMART HOLDINGS LIMITED - SG1V50937100 - C2J
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Dec-2015 17:41:52
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY
Announcement Reference
SG151204OTHRZW0Z
Submitted By (Co./ Ind. Name)
Sun Bingzhong
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
The Board is in the midst of sourcing for an appropriate candidate to fill up the position of a Chief Financial Officer and Company Secretary and will endeavour to fill these positions by 31 December 2015.

The Board will also endeavour to appoint an Independent Director in place of Mr Lae Chung Wah, Ivan who has resigned on 31 August 2015 by 31 December 2015.

Additional Details

Name Of Person
Ho Soo Hui
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2015
Detailed Reason (s) for cessation
To explore 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
29/08/2006
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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 and Company Secretary
Role and responsibilities
Oversees finance, administration and human resources teams. Also in charge of accounting, control and management reporting systems and ensures that all SGX reporting and corporate governance requirements are met.
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