Change - Announcement of Cessation::RESIGNATION OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
BLUMONT GROUP LTD.
Securities
BLUMONT GROUP LTD. - SG1I69883698 - A33
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Dec-2017 19:01:51
Status
New
Announcement Sub Title
RESIGNATION OF EXECUTIVE DIRECTOR
Announcement Reference
SG171204OTHR2N72
Submitted By (Co./ Ind. Name)
CALVIN LIM HUAN KIM
Designation
LEAD INDEPENDENT DIRECTOR
Effective Date and Time of the event
04/12/2017 19:02:00
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF EXECUTIVE DIRECTOR

Additional Details

Name Of Person
NG KIM HUATT
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
04/12/2017
Detailed Reason (s) for cessation
FOR PERSONAL INTEREST AND REASON
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
19/07/2014
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.)
EXECUTIVE DIRECTOR
Role and responsibilities
MR NG KIM HUATT IS RESPONSIBLE FOR THE OVERALL DIRECTION, STRATEGIC PLANNING AND, ALL MATTERS RELATING TO MANAGEMENT OF DAY-TO-DAY AFFAIRS, INCLUDING COMPLIANCE AND REGULATORY STANDARDS; RISK MANAGEMENT; INTERNAL CONTROL; AND CORPORATE GOVERNANCE OF THE COMPANY AND 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
2,900,000,000 ORDINARY SHARES IN THE COMPANY
Past (for the last 5 years)
1. BLUMONT GROUP LTD.
2. ADROIT INNOVATIONS INVESTMENT PTE LTD
3. ASPHERE HOLDINGS PTE. LTD.
4. BLUMONT COPPER PTE. LTD. (STRUCK OFF ON 10/10/2017)
5. G1 INVESTMENTS PTE. LTD.
6. GEMISURIA CORPORATION SDN BHD
7. PHELAGO HOLDINGS PTE. LTD. (STRUCK OFF ON 09/03/2017)
8. POWERLITE VENTURES LTD.
9. RAINTREE ROCK SDN BHD
10. TRACKPLUS SDN BHD
11. TRIA HOLDINGS PTE. LTD.
12. TYZEN HOLDINGS PTE. LTD. (STRUCK OFF ON 19/02/2016)
13. WADDELLS INTERNATIONAL LIMITED (UP TO 31/12/2014)
Present
NONE