Change - Announcement of Cessation::Resignation of Managing Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
3CNERGY LIMITED
Securities
3CNERGY LIMITED - SG0502000029 - 502
3CNERGY LIMITED W200528 - SG5EE3000008 - 1E0W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Jun-2018 17:53:28
Status
New
Announcement Sub Title
Resignation of Managing Director and Chief Executive Officer
Announcement Reference
SG180629OTHR363E
Submitted By (Co./ Ind. Name)
Chung Chee Khuen
Designation
Group Financial Controller
Description (Please provide a detailed description of the event in the box below)
The sponsor of the Company, CIMB Bank Berhad, Singapore Branch ("Sponsor") is satisfied that there is no other reason for Ms Tong Kooi Lian ("Ms Tong")'s cessation, which includes her stepping down as director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST and Sponsor assume 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 Eric Wong (Director, Investment Banking), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.

Additional Details

Name Of Person
Tong Kooi Lian
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2018
Detailed Reason (s) for cessation
To pursue personal interests.
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
17/06/2013
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing Director and Chief Executive Officer
Role and responsibilities
Ms Tong is responsible for the overall management of 3Cnergy Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Tong and the non-executive chairman of the Board are siblings.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. The Edge Publishing Pte Ltd
2. Pepper Events Sdn. Bhd.
3. The Edge Galerie Sdn. Bhd.
4. Foxcraft Sdn. Bhd.
5. Meridian Aim Sdn. Bhd.
6. Prima Fajar Sdn. Bhd.
7. Lanjut Kurnia Sdn. Bhd.
8. Phileo Sdn. Bhd.
9. Konsotium Perkasa Sdn. Bhd.
10. Kemboja Manja Sdn. Bhd.
11. HSR International Realtors Pte Ltd
12. Hastor Property Services Pte. Ltd.
13. Chiling Falls Records Sdn. Bhd.
Present
1. Red Riches Sdn Bhd
2. 3C Marina Park Sdn. Bhd.
3. 3Cnergy Living Sdn. Bhd.
4. 3Cnergy Property Management Sdn. Bhd.
5. Orientis Solutions Sdn. Bhd.
6. 3Cnergy Sdn. Bhd.
7. 3C Property Consultants Pte. Ltd.
8. 3Cnergy Property Management Pte. Ltd.
9. Whitehouse Holdings Private Limited
10. Paxel Consultants Pte. Ltd.
11. HSR Property Consultants Pte Ltd