Change - Announcement of Cessation::Resignation of Chief Financial Officer and Company Secretary

Issuer & Securities

Issuer/ Manager
CSC HOLDINGS LIMITED
Securities
CSC HOLDINGS LTD - SG1F84861094 - C06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Nov-2020 18:21:18
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer and Company Secretary
Announcement Reference
SG201109OTHRNCLF
Submitted By (Co./ Ind. Name)
See Yen Tarn
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
(1) Resignation of Chief Financial Officer and Company Secretary;
(2) Cessation of Executive Committee Member

Additional Details

Name Of Person
Lee Quang Loong
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2021
Detailed Reason (s) for cessation
Mr Lee Quang Loong ("Mr Lee") had on 23 October 2020, tendered his resignation as the Chief Financial Officer ("CFO") and Company Secretary of the Company and its subsidiaries (the "Group") to pursue other professional interests and opportunities.

Mr Lee's last day with the Company will be 31 January 2021.

Save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Lee as the CFO and Company Secretary.
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?
Yes
If Yes, Please provide full details
Mr Yen Chee Loong, the current Deputy Group Chief Financial Officer, will take on the role of Chief Financial Officer of the Group with effect from 1 February 2021.
Date of Appointment to current position
01/02/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Company Secretary
Member of the Executive Committee
Role and responsibilities
Mr Lee was responsible for the Group's finance and management accounting, treasury, taxation and other corporate secretarial matters.

Co-terminus with the aforesaid resignation, his various other appointments in the Company and in the Group as a member of the Executive Committee and as the Company Secretary of the subsidiaries shall also cease.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,115,000 shares (Indirect Interest)
Past (for the last 5 years)
NIL
Present
Please refer to Annexure A

Attachments

Annexure A.pdf
Total size =417K