Change - Announcement of Cessation::Cessation of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
NERA TELECOMMUNICATIONS LTD
Securities
NERATELECOMMUNICATIONS LTD - SG1I64883495 - N01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Feb-2022 19:06:10
Status
New
Announcement Sub Title
Cessation of Executive Director and Chief Executive Officer
Announcement Reference
SG220207OTHRB4HL
Submitted By (Co./ Ind. Name)
Chan Wan Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director and Chief Executive Officer

Additional Details

Name Of Person
Beck Tong Hong
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
07/02/2022
Detailed Reason (s) for cessation
To pursue personal interests and other opportunities.
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
08/11/2017
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)
4
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.)
Executive Director and Chief Executive Officer
Role and responsibilities
Responsible for the overall management of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
68,000 ordinary shares
Past (for the last 5 years)
1. Nera Telecommunications Holding (Thailand) Co., Ltd
2. Nera Telecommunications (Vietnam) Co. Ltd
3. Nera Telecommunications (Vietnam) Co. Ltd - Ho Chi Minh City Branch
4. Nera Telecommunications (India) Pvt Ltd
5. Nera Telecommunications (Myanmar) Co. Ltd.
6. Nera Networks (Nigeria) Limited
7. Nera Telecommunications AS
8. Nera Telecommunications FZ-LLC
9. Nera (Malaysia) Sdn Bhd
10. Nera Infocom (M) Sdn Bhd
11. Nera Telecommunications (Australia) Pty Ltd
12. Nera (Philippines), Inc.
13. Nera (Thailand) Limited
14. Nera Telecommunications (Pakistan) (Private) Limited
15. Nera Networks (S) Pte. Ltd.
Present
Canterloop Pte Ltd