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

Issuer & Securities

Issuer/ Manager
THE PLACE HOLDINGS LIMITED
Securities
THE PLACE HOLDINGS LIMITED - SG1Q02920318 - E27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Jan-2020 18:22:18
Status
New
Announcement Sub Title
Cessation of Chief Operating Officer
Announcement Reference
SG200121OTHRE5ND
Submitted By (Co./ Ind. Name)
Ji Zenghe
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Operating Officer

Additional Details

Name Of Person
Kam Tin Seah
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
21/01/2020
Detailed Reason (s) for cessation
Differences between Mr Kam and the Company management over divergent views on the Company's operational matters and strategic directions.
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?
Yes
If Yes, Please provide full details
As above. However, the unresolved differences in opinion would not have a material impact on the group or its financial reporting.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
As above.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
03/05/2019
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)
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.)
Chief Operating Officer
Role and responsibilities
Responsible for the overall operation and development 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)
Please refer to attachment
Present
Please refer to attachment

Attachments

Past present - Kam Tin Seah Final.pdf
Total size =71K