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

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
02-Nov-2020 21:00:41
Status
New
Announcement Sub Title
Resignation of Executive Director and Chief Executive Officer
Announcement Reference
SG201102OTHRAT2X
Submitted By (Co./ Ind. Name)
Siaw Lu Howe
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director and Chief Executive Officer.

Additional Details

Name Of Person
Lee Tak Meng
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2020
Detailed Reason (s) for cessation
To pursue other growth 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
17/04/2019
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)
1
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 and Chief Executive Officer
Role and responsibilities
Responsible for implementing the Group's strategies plans and overseeing the day-to-day operations of the Group.
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?
No
Past (for the last 5 years)
PT Marine Life Discovery Park
Present
Adroit Innovations Investment Pte Ltd
Asphere Holdings Pte. Ltd.
Tria Holdings Pte. Ltd.
Raintree Rock Sdn. Bhd.
Trackplus Sdn. Bhd.
Ultimate Horizon Pte. Ltd.