Change - Announcement of Cessation::Cessation as Managing Director

Issuer & Securities

Issuer/ Manager
SOUP RESTAURANT GROUP LIMITED
Securities
SOUP RESTAURANT GROUP LIMITED - SG1U97935860 - 5KI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2016 10:54:26
Status
New
Announcement Sub Title
Cessation as Managing Director
Announcement Reference
SG160429OTHRAHE8
Submitted By (Co./ Ind. Name)
Chong In Bee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
Mok Yip Peng
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2016
Detailed Reason (s) for cessation
Due to Mr Mok Yip Peng's decision to retire, the Company and Mr Mok have mutually agreed not to renew his service agreement, dated 1 May 2013, entered into between the Company and Mr Mok, upon its expiry on 30 April 2016. Mr Mok will concurrently resign from the Board of Directors of the Company and the subsidiaries of the Group.
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
20/07/1991
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.)
Managing Director and a member of Nominating Committee.
Role and responsibilities
Responsible for the management and strategic planning of the Group and oversees the operations of the food and beverages outlets.
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
Direct Interest: 66,008,400 Ordinary Shares
Past (for the last 5 years)
Sure Food Pte. Ltd.
Present
Soup Restaurant Group Limited
Soup Restaurant Singapore Pte. Ltd.
CAFE O Singapore Pte. Ltd.
POTLUCK F&B Singapore Pte. Ltd.
Soup Restaurant Investments Pte. Ltd.