Change - Announcement of Cessation::Cessation as Indpendent Director

Issuer & Securities

Issuer/ Manager
JASON HOLDINGS LIMITED
Securities
JASON HOLDINGS LIMITED - SG2G86000004 - 5I3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-May-2019 21:16:42
Status
New
Announcement Sub Title
Cessation as Indpendent Director
Announcement Reference
SG190523OTHRKAGB
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange 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 Tang Yeng Yuen, Vice President, Head of Corporate Finance, Hong Leong Finance Limited, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, telephone (+65) 6415 9886.

Additional Details

Name Of Person
Wui Heck Koon
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
23/05/2019
Detailed Reason (s) for cessation
The Company has completed a Reverse Take Over exercise and a new Board has been appointed to replace all current independent directors.

Based on its enquiries, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Wui Heck Koon as an Independent 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?
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
11/06/2014
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)
2
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.)
Lead Independent Director, Audit Committee Chairman and Member of Nominating Committee and Remuneration Committee.
Role and responsibilities
Non-executive and independent board member to assist Board as a whole to discharge his duties and responsibilities.
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?
Yes
Shareholding Details
1,777,252 shares in Jason Holdings Limited
Past (for the last 5 years)
Alternate director at Tong Chiang Group Pte Ltd, Edith-United International Pte Ltd, Eunice Food Catering Pte Ltd and Imperial Kitchen Catering Pte Ltd
Nippon Denka Serial Pte. Ltd.
Present
Nil