Change - Announcement of Cessation::Cessation of Chief Financial Officer and Executive Director

Issuer & Securities

Issuer/ Manager
CWG INTERNATIONAL LTD.
Securities
CWG INTERNATIONAL LTD. - SG1AA6000000 - ACW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Dec-2017 19:10:25
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer and Executive Director
Announcement Reference
SG171213OTHRRQMW
Submitted By (Co./ Ind. Name)
Qian Jianrong
Designation
Executive Chairman and Chief Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer and Executive Director

Additional Details

Name Of Person
Chua Hwee Song
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2017
Detailed Reason (s) for cessation
To pursue other personal interest.

Mr Chua Hwee Song will be re-designated as a Non-Independent Director of the Company.
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
01/06/2016
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.)
Group Chief Financial Officer and Executive Director.
Role and responsibilities
Overseeing the Company's financial and accounting related matters and other corporate and regulatory compliance matters.
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
300,000 shares
Past (for the last 5 years)
Rowsley Ltd
Sports Toto Malaysia Management Pte. Ltd.
Half the Comm Pte. Ltd.
Renoeasy Pte. Ltd.
Present
CWG International Ltd.
Tembusu Ventures Pte. Ltd.
Tembusu Properties Pte. Ltd.
Tembusu Builders Pte. Ltd.
Tembusu Global Pte. Ltd.