Change - Announcement of Cessation::Resignation of a Key Management - Chow Kim Ghee
Issuer & Securities
WORLD CLASS GLOBAL LIMITED
WORLD CLASS GLOBAL LIMITED - SG1DH0000005 - 1E6
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of a Key Management - Chow Kim Ghee
Submitted By (Co./ Ind. Name)
Yip Chee Kwang / World Class Global Limited
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"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.
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.
Name Of Person
Chow Kim Ghee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Chow Kim Ghee ("Mr Chow") has tendered his resignation as Senior Project Director of the Company to pursue other career opportunity.
Mr Chow is currently serving his notice period and his last day of employment will be 31 January 2021. Mr Chow will ensure smooth execution of the Company's projects until the effective date of his resignation. The current project director of the Group will be designated to oversee the development works of the Group's projects.
The Sponsor, after having interviewed Mr Chow, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Chow as Senior Project 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.)
Senior Project Director
Role and responsibilities
Responsible for managing and overseeing the development works for some of the Group's projects.
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?
Past (for the last 5 years)