Change - Announcement of Cessation::Resignation of Assistant Director, Partnerships

Issuer & Securities

Issuer/ Manager
OLIVE TREE ESTATES LIMITED
Securities
OLIVE TREE ESTATES LIMITED - SG1EB5000001 - 1H2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Oct-2021 22:33:14
Status
New
Announcement Sub Title
Resignation of Assistant Director, Partnerships
Announcement Reference
SG211025OTHRGWO6
Submitted By (Co./ Ind. Name)
Daniel Long Chee Tim
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Assistant Director, Partnerships

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor 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 Ms Bao Qing, Registered Professional, RHT Capital Pte. Ltd. at 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com

Additional Details

Name Of Person
Goh Kang Hsien Evangeline
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
19/11/2021
Detailed Reason (s) for cessation
To focus on her personal commitments. Ms Goh Hsien Evangeline ("Ms Goh") effective date of cessation is 19 November 2021 ("Cessation Date").

In light of Ms Goh's contributions, the Company is willing to bring forward her Cessation Date to a mutually agreed date subject to her completion of handover of her existing responsibilities to the existing team.

Based on its enquiries, the Company's sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms Goh as Assistant Director, Partnerships of 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?
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
09/07/2018
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
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Assistant Director, Partnerships
Role and responsibilities
Ms Goh's responsibilities include the following:
- Identify and develop partner networks so as to cultivate strategic partnerships in the Company's focus countries.
- Conceptualise new partnership initiatives with various stakeholders for collective social impact.
- Engage partners effectively and build relationships to realise the Company's community development plan.
- Communicate the Company's story and mission to the various stakeholders and partners.
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?
No
Past (for the last 5 years)
Nil
Present
Nil