Change - Announcement of Cessation::RESIGNATION OF KEY MANAGEMENT PERSONNEL

Issuer & Securities

Issuer/ Manager
KING WAN CORPORATION LIMITED
Securities
KING WAN CORPORATION LIMITED - SG1J32888328 - 554
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Aug-2023 17:49:38
Status
New
Announcement Sub Title
RESIGNATION OF KEY MANAGEMENT PERSONNEL
Announcement Reference
SG230814OTHRBQUH
Submitted By (Co./ Ind. Name)
CHUA ENG ENG
Designation
MANAGING DIRECTOR
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF KEY MANAGEMENT PERSONNEL

Additional Details

Name Of Person
CHUA KOK CHUAN
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
15/08/2023
Detailed Reason (s) for cessation
Mr. Chua Kok Chuan has given notice of his resignation as director of the Group's Plumbing and Sanitary Division and his last day will be 15 August 2023. He is leaving to pursue his personal interest.
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
01/04/2016
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)
2
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.)
Director of King Wan Construction Pte. Ltd.
Role and responsibilities
He was responsible for overall planning, development, operational and project management for the Group's Plumbing and Sanitary Division.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
407,140
Past (for the last 5 years)
NA
Present
King Wan Construction Pte Ltd
Shinergy Engineering Pte Ltd
King Wan Eco Solutions Pte Ltd