Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
KTL GLOBAL LIMITED
Securities
KTL GLOBAL LIMITED - SG1W37938998 - EB7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Dec-2018 00:06:00
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG181210OTHRPIDW
Submitted By (Co./ Ind. Name)
Tan Kheng Kuan
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director

Additional Details

Name Of Person
Cheong Hooi Kheng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
10/12/2018
Detailed Reason (s) for cessation
Ms Cheong is resigning from her position as Non-Executive Director, pursuant to a management restructuring exercise.
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
31/10/2007
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.)
Non-Executive Director
Role and responsibilities
Member of Audit Committee, Remuneration Committee and Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Cheong is the sister-in-law of the Company's Executive Chairman, Mr Tan Tock Han. She is also the aunt of the Company's Chief Executive Officer, Mr Tan Kheng Kuan.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Interest in 140,000 shares in the capital of KTL Global Limited
Past (for the last 5 years)
Winfoong International Limited
Present
Hong Fok Corporation Limited

Yat Yuen Hong Company Limited

Hong Fok Land Ltd

Maincon (Building) Pte. Ltd.

Arundel Trading Pte Ltd

Firth Enterprises Pte Ltd

Hong Fok Development (Newton) Pte Ltd

Cecil Land Development Pte. Ltd.

Super Homes Pte. Ltd.

Warranty Management Pte Ltd

Hong Fok Realty Pte. Ltd.

Biogem International Pte Ltd

Brisco Pte Ltd

Broadway Development Pte Ltd

Defoe Pte Ltd

HFC Ventures.com Co Pte Ltd

Cocre8 Pte. Ltd.

Hong Fok Homes Pte Ltd

Hong Fok Nominees Pte. Ltd.

Jemmax Investments Pte Ltd

Rasco Pte Ltd

Turie Pte Ltd

Vista Parking Services Pte Ltd

Yat Yuen Hong Holdings Pte. Ltd.

Elegant Homes Pte. Ltd.

Bishopgate Holdings Limited

Gold Triumph Assets Limited

Yorkwin Investments Limited

Goldease Investments Limited

Hong Fok Commercial Pte. Ltd.