Change - Announcement of Cessation::Resignation of Group Chief Financial Officer and Company Secretary

Issuer & Securities

Issuer/ Manager
MTQ CORPORATION LIMITED
Securities
MTQ CORPORATION LIMITED - SG0507000073 - M05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2017 17:19:58
Status
New
Announcement Sub Title
Resignation of Group Chief Financial Officer and Company Secretary
Announcement Reference
SG171130OTHRL76T
Submitted By (Co./ Ind. Name)
Kuah Boon Wee
Designation
Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Group Chief Financial Officer and Company Secretary

Additional Details

Name Of Person
Dominic Siu Man Kit
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2017
Detailed Reason (s) for cessation
Pursue other personal interests. Mr Siu has agreed to be retained as a consultant to ensure a smooth transition.

The Board wishes to express their appreciation to Mr Siu for his contribution to the Company during his tenure of service.
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
18/05/2011
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)
5
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.)
Group Chief Financial Officer and Company Secretary
Role and responsibilities
Mr Siu is responsible for the Group's financial and management reporting, financial, risk, tax and treasury management and corporate secretarial matters.
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
MTQ Corporation Limited - 393,121 shares
Past (for the last 5 years)
- MTQ Engine Systems (Aust) Pty Ltd
- MTQ Subsea Technology Pte Ltd
Present
- Neptune Marine Services Limited
- Blossomvale Investments Pte Ltd
- Everfield Pte Ltd
- Violetbloom Investments Pte Ltd
- Premier Sea & Land Pte Ltd
- Pemac Pte Ltd
- Premier Estate Pte Ltd
- MTQ Oilfield Services W.L.L
- MTQ Castings Sdn Bhd
- Binder Group Pty Ltd
- Binder Asia Pte Ltd
- Binder Holdings Pte Ltd
- MTQ Binder Holdings Pte Ltd