Change - Announcement of Cessation::Cessation of Head of Corporate Development & Operations
Issuer & Securities
Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Aug-2023 17:30:25
Status
New
Announcement Sub Title
Cessation of Head of Corporate Development & Operations
Announcement Reference
SG230828OTHRL7XA
Submitted By (Co./ Ind. Name)
Chow Ching Sian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Secondment to ISE Foods Holdings Pte Ltd, a subsidiary of Ellipsiz Ltd
Additional Details
Name Of Person
Joseph Kang Boon Teck
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
28/08/2023
Detailed Reason (s) for cessation
Mr Kang is seconded to the Company's subsidiary, ISE Foods Holdings Pte Ltd, to take up the role of chief executive officer. Accordingly, he will relinquish his Head of Corporate Development & Operations position in 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
16/12/2019
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.)
Head of Corporate Development & Operations
Role and responsibilities
Responsible for assisting the Chief Executive Officer of the Company in overseeing the strategic planning and development of the Group as well as the operational functions of the various business units.
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)
NIL
Present
Adell Solutions Pte Ltd
Axis-Tec Pte Ltd
Axis2Tec Sdn Bhd
Cyan Bay Pte Ltd
Ellipsiz DSS Pte Ltd
Ellipsiz Investments Pte Ltd
Ellipsiz iNETest Co Ltd
Ellipsiz Taiwan Inc
Indovend Pte Ltd
iNETest Malaysia Sdn Bhd
iNETest Resources Pte Ltd
ISE Foods Holdings Pte Ltd
PT Super Makmur Sejahtera
PT Surya Indovend Jaya
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