Change - Announcement of Cessation::Cessation as Financial Controller

Issuer & Securities

Issuer/ Manager
MARY CHIA HOLDINGS LIMITED
Securities
MARY CHIA HOLDINGS LIMITED - SG1Y51946677 - 5OX

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-May-2014 22:28:05
Status
New
Announcement Sub Title
Cessation as Financial Controller
Announcement Reference
SG140516OTHRUCQZ
Submitted By (Co./ Ind. Name)
Ho Yow Ping (He YouPing)
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's
sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the
Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the
contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for
the contents of this announcement, including the correctness of any of the statements or opinions made or reports
contained in this announcement.

The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street,#21-02
Equity Plaza, Singapore 049705, telephone (65) 6229 8088.

Additional Details

Name Of Person
Tan Chui Peng
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
17/05/2014
Detailed Reason (s) for cessation
To pursue other career opportunities.

Based on its enquiries, the Company's Sponsor, PrimePartners 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 Chui Peng
as the Financial Controller of Mary Chia Holdings Limited (the "Company") together with the subsidiaries (the
"Group").

In addition, there are no concerns with regards to financial reporting that led to the departure of the Company's
Financial Controller and there are no disagreements between the Financial Controller 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?
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
The Company is in the process of finalising a suitable
qualified candidate to replace the role of Ms Tan Chui
Peng. During this interim period, the Company's finance manager will assist in the
oversight of the finance and accounting functions of the Group.
Date of Appointment to current position
04/09/2012
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.)
Financial Controller
Role and responsibilities
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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Hotel Culture Pte. Ltd.
Present
Nil