ANNOUNCEMENT OF CESSATION AS EXECUTIVE OFFICER OF SUBSIDIARY, KITCHEN CULTURE SDN. BHD.
* Asterisks denote mandatory information
Name of Announcer *
KITCHEN CULTURE HOLDINGS LTD.
Company Registration No.
201107179D
Announcement submitted on behalf of
KITCHEN CULTURE HOLDINGS LTD.
Announcement is submitted with respect to *
KITCHEN CULTURE HOLDINGS LTD.
Announcement is submitted by *
Lim Wee Li
Designation *
Executive Chairman and Chief Executive Officer
Date & Time of Broadcast
28-Mar-2013 17:46:35
Announcement No.
00126
ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
NG CHONG ENG
Age *
48
Is Effective Date of Cessation known? *
Yes
24/04/2013
Detailed Reason(s) for cessation *
Mr Ng has tendered his resignation to pursue his personal interests.
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
If yes, please elaborate *
NA
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
If yes, please elaborate *
NA
Any other relevant information to be provided to shareholders of the listed issuer? *
No
If yes, please elaborate *
NA
Date of Appointment to current position *
01/10/2012
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) *
Director, Kitchen Culture Sdn. Bhd. (a wholly-owned subsidiary of the Company)
Role and responsibilities *
Responsible for the overall management of sales and operations of Kitchen Culture Sdn. Bhd.
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 *
1
Interest
* in the listed issuer and its subsidiaries *
Nil
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
Nil
OTHER DIRECTORSHIPS
Past (for the last 5 years) *
Teka Kuchentechnik (Malaysia) Sdn Bhd
Present *
Target Domain Sdn Bhd
Footnotes
The Board of Directors of the Company (the "Board") is of the view that the functioning of Kitchen Culture Sdn. Bhd. will not be affected subsequent to the cessation.
Based on its enquiries, Canaccord Genuity Singapore Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr Ng.
This announcement has been prepared by the Company and its contents have been reviewed by the Companys sponsor (Sponsor), Canaccord Genuity Singapore Pte. Ltd. for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (SGX-ST). Canaccord Genuity Singapore Pte. Ltd. has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr Alex Tan, Managing Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.
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