Change - Announcement of Cessation::Cessation of Financial Controller
Issuer & Securities
MARY CHIA HOLDINGS LIMITED
MARY CHIA HOLDINGS LIMITED - SG1Y51946677 - 5OX
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Financial Controller
Submitted By (Co./ Ind. Name)
Ho Yow Ping
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Mary Chia Holdings Limited (the Company ) and its contents have been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the Sponsor ) for compliance with the Singapore Exchange Securities Trading Limited (the SGX-ST ) Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.
Name Of Person
Tan Lay Lee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
For personal family reasons.
Following her cessation, Ms Tan Lay Lee ("Ms Tan") is available to the Group on a project basis for the next 2 months. The Company is currently seeking a suitable FC replacement and will make the relevant announcement when appropriate.
Based on its enquiries, the Company's sponsor, Prime Partners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Ms Tan as the Financial Controller.
In addition, there are no concerns with regards to the financial reporting that led to the departure of Ms Tan and there are no disagreements between Ms Tan and the Board of Directors of the Company with regards to practices that will have an impact to the Company's financial reporting.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Role and responsibilities
Responsible for overseeing the overall financial and accounting functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
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