Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
LORENZO INTERNATIONAL LIMITED
Securities
LORENZO INTERNATIONAL LIMITED - SG1T35930281 - 5IE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Aug-2024 08:33:55
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG240802OTHROWFW
Submitted By (Co./ Ind. Name)
Lim Pang Hern
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer - Teo Kok Meng

Additional Details

Name Of Person
Teo Kok Meng
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2024
Detailed Reason (s) for cessation
Mr. Teo Kok Meng has resigned from his position as Chief Financial Officer of the Company for personal reason and to seek new job opportunities.

Mr. Teo is currently serving his notice period until 31 August 2024. An announcement will be made when a replacement has been recruited.
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
31/10/2017
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Mr. Teo is responsible for overseeing the Group's financial and accounting matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None
Present
None