Change - Announcement of Cessation::RESIGNATION OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
ACROMETA GROUP LIMITED
Securities
ACROMETA GROUP LIMITED - SG1CH1000006 - 43F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jun-2023 18:56:56
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF FINANCIAL OFFICER
Announcement Reference
SG230620OTHRK12F
Submitted By (Co./ Ind. Name)
Lim Say Chin
Designation
EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Chua Hiang Hwee Jerry, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com

Additional Details

Name Of Person
Tan Buck Kiang Jerry
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
26/07/2023
Detailed Reason (s) for cessation
To pursue other career opportunities.

Mr Tan Buck Kiang Jerry ("Jerry") has tendered his resignation as Chief Financial Officer ("CFO") of the Company on 11 April 2023, and reaffirmed his decision at the end of May 2023, after being given time to reconsider his decision. He has agreed to extend his 3-month notice period till 26 July 2023 to guide his successor, whom the Company is in the midst of finalisation.

The Company's sponsor, Evolve Capital Advisory Private Limited, after having interviewed Jerry, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Jerry as the CFO. In addition, there are no concerns with regards to financial reporting that led to the cessation of Jerry and there are no disagreements between Jerry and the Board with regards to practices that would have an impact on the Company's and Group'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?
No
Date of Appointment to current position
01/09/2015
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for the finance and accounting functions of the Group, including corporate governance, and ensuring compliance with regulation.
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
Other Directorships
Past (for the last 5 years)
NIL
Present
NIL