Change - Announcement of Cessation::Resignation of Ms Tay Ai Li as Chief Financial Officer of the Company

Issuer & Securities

Issuer/ Manager
THE PLACE HOLDINGS LIMITED
Securities
THE PLACE HOLDINGS LIMITED - SG1Q02920318 - E27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jun-2023 19:22:50
Status
New
Announcement Sub Title
Resignation of Ms Tay Ai Li as Chief Financial Officer of the Company
Announcement Reference
SG230627OTHR7OXL
Submitted By (Co./ Ind. Name)
JI ZENGHE
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Tay Ai Li as Chief Financial Officer of the Company

Additional Details

Name Of Person
TAY AI LI
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2023
Detailed Reason (s) for cessation
Ms Tay Ai Li ("Ms Tay") has been with the Group since July 2009. Ms Tay had tendered her resignation as the Chief Financial Officer ("CFO") of the Company. The Board of Directors (the "Board") had accepted Ms Tay's resignation and mutually agreed on Ms Tay's last working day with the Company to be 30 June 2023.

Save as disclosed in this announcement, there are no other material reasons for the resignation of Ms Tay as the CFO 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
01/04/2022
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)
4
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
Role and responsibilities
Executive. Ms Tay was responsible for overseeing the full spectrum of financial activities 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?
Yes
Shareholding Details
358,000 shares in The Place Holdings Limited
Past (for the last 5 years)
NIL
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