Change - Announcement of Cessation::CESSATION AS CHIEF FINANCIAL OFFICER
Issuer & Securities
TSH CORPORATION LIMITED
TSH CORPORATION LIMITED - SG1J38888702 - 574
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION AS CHIEF FINANCIAL OFFICER
Submitted By (Co./ Ind. Name)
Anthony Lye Chee Fei
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Ng Kim Chew as the Group Chief Financial Officer.
Name Of Person
Ng Kim Chew
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr. Ng Kim Chew's ("Mr. Ng") employment with the Company as the Group Chief Financial Officer ("CFO") will cease with effect from 31 December 2016, as the Company has ceased to have any operating business and has accordingly become a cash company under Rule 1017 of the Catalist Rule since 31 August 2016.
The Sponsor has contacted Mr. Ng and based on its enquiries, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Ng as CFO. In addition, there are no concerns with regard to financial reporting that led to the cessation of the CFO and there are no disagreements between the CFO and the Board of Directors of the Company (the "Board") with regard to the practices that will have an impact to the Group's financial reporting.
Upon cessation as CFO on 31 December 2016, Mr. Ng will be the advisor of the Company and will continue to assist the Board with all matters concerning 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for Group's finance, treasury, administration, human resource, tax, audit, legal and reporting.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
240,000 ordinary shares in the Company
Past (for the last 5 years)
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