ANNOUNCEMENT OF CESSATION AS CHIEF FINANCIAL OFFICER
* Asterisks denote mandatory information
Name of Announcer *
IFS CAPITAL LIMITED
Company Registration No.
198700827C
Announcement submitted on behalf of
IFS CAPITAL LIMITED
Announcement is submitted with respect to *
IFS CAPITAL LIMITED
Announcement is submitted by *
Chionh Yi Chian
Designation *
Company Secretary
Date & Time of Broadcast
12-Mar-2014 17:24:09
Announcement No.
00072
ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
Lim Mui Ling
Age *
53
Is Effective Date of Cessation known? *
Yes
12/03/2014
Detailed Reason(s) for cessation *
Retirement due to health reason and 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
If yes, please elaborate *
NA
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
If yes, please elaborate *
NA
Any other relevant information to be provided to shareholders of the listed issuer? *
No
If yes, please elaborate *
NA
Date of Appointment to current position *
01/01/2007
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) *
Group Chief Financial Officer
Role and responsibilities *
Responsible for finance, human resources and administrative functions. These include Groups financial and management reporting, compliance with standards/regulations, tax, insurance, capital management, budgeting, investor relations, full spectrum of human resources activities, compensation and benefits, purchasing and cost control.
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) *
4
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months *
0
Shareholding
* in the listed issuer and its subsidiaries *
386,300 shares in IFS Capital Limited
250,000 shares in IFS Capital (Thailand) Public Company Limited
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
Nil
OTHER DIRECTORSHIPS
Past (for the last 5 years) *
1. IFS Capital (Thailand) Public Company Limited
2. IFS Capital Assets Private Limited
3. IFS Ventures Private Limited
4. IFS Ventures 2 Limited
Present *
Nil
Footnotes
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