ANNOUNCEMENT OF CESSATION AS CHIEF FINANCIAL OFFICER
* Asterisks denote mandatory information
Name of Announcer *RAFFLES MEDICAL GROUP LTD
Company Registration No.198901967K
Announcement submitted on behalf of RAFFLES MEDICAL GROUP LTD
Announcement is submitted with respect to *RAFFLES MEDICAL GROUP LTD
Announcement is submitted by *KIMMY GOH
Designation *COMPANY SECRETARY
Date & Time of Broadcast24-Feb-2014 06:02:17
Announcement No.00002
 
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
Lui Chong Chee
Age * 53
Is Effective Date of Cessation known? * Yes
If yes, please provide the date * 01/03/2014
Detailed Reason(s) for cessation * To pursue other opportunities and 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? * Yes
If yes, please elaborate * The Company has undertaken a search for a new Chief Financial Officer. In the meanwhile, the Group Financial Controller, Mrs Kimmy Goh, will cover his duties.
The Company would like to record its appreciation to Mr Lui Chong Chee, who has served as a Chief Financial Officer since Jan 2011. We thank him for his contributions and wish him well.
Date of Appointment to current position * 01/01/2011
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) * Chief Financial Officer
Role and responsibilities * Responsible for the Financial Management, Business Development and Information Technology functions of the Group.
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) * 5
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months * 1
Interest * in the listed issuer and its subsidiaries * No. of ordinary voting shares held: 60,000

Year of option grant: 2011
No. of options outstanding under this option before exercise: 200,000
No. of options remaining under this option after exercise: 170,000
Option price per share: S$2.20

Year of option grant: 2012
No. of options outstanding under this option before exercise: 80,000
No. of options remaining under this option after exercise: 50,000
Option price per share: S$2.34

Year of option grant: 2013
No. of options outstanding under this option before exercise: 80,000
No. of options remaining under this option after exercise: 80,000
Option price per share: S$3.28
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) * CapitaRetail China Trust
Capitacommercial Trust
CapitaMall Trust
Ascott Residence Trust
Present * Independent Director of Australand Holdings Limited
Independent Director of Australand Property Limited
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