Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
SAMURAI 2K AEROSOL LIMITED
Securities
SAMURAI 2K AEROSOL LTD - SGXE31436269 - Y8E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2021 22:15:38
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG211230OTHR6OYI
Submitted By (Co./ Ind. Name)
Ong Yoke En
Designation
Executive Director & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer.

This announcement has been prepared by Samurai 2K Aerosol Limited (the "Company") and its contents have been reviewed by UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

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 accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Sia Shu Yee
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
15/01/2022
Detailed Reason (s) for cessation
Ms. Sia Shu Yee ("Ms. Sia") has tendered her resignation as Chief Financial Officer of the Company to pursue career advancement.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the announcement, there are no other material reasons for the cessation of Ms. Sia as the Chief Financial officer of the Company.

Ms. Sia has confirmed that there are no concerns with regard to financial reporting that led to her cessation and there are no disagreement between her and the Board of Directors of the Company with regards to practices that would have an impact to the Company's financial reporting.
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
21/05/2019
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for the Group's financial and management accounting, treasury, taxation and other corporate compliance matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
175,100 shares and 717,000 share options
Past (for the last 5 years)
Nil
Present
Nil