Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
CHASEN HOLDINGS LIMITED
Securities
CHASEN HOLDINGS LIMITED - SG1X55941717 - 5NV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2016 19:00:48
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG160930OTHR9OPR
Submitted By (Co./ Ind. Name)
Mr Low Weng Fatt
Designation
Managing Director and CEO
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

Additional Details

Name Of Person
Chan Cheng Fei
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2016
Detailed Reason (s) for cessation
Mr Chan Cheng Fei has resigned to pursue other career opportunity.
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
08/09/2014
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)
3
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
Role and responsibilities
He was responsible to provide leadership and direction for all aspects of financial planning, internal control compliance, financial reporting matters for Chasen Holdings Limited and its group of companies. He was also responsible for the communication of financial performance and forecast of the Group to the Board of Directors and SGX.
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