Change - Announcement of Cessation::Resignation of General Manager of SMC Industrial Pte Ltd - Mr Goh Leng Chye

Issuer & Securities

Issuer/ Manager
SEN YUE HOLDINGS LIMITED
Securities
SEN YUE HOLDINGS LIMITED - SG1M25902545 - 5BS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Jan-2021 10:31:26
Status
New
Announcement Sub Title
Resignation of General Manager of SMC Industrial Pte Ltd - Mr Goh Leng Chye
Announcement Reference
SG210119OTHRSVEX
Submitted By (Co./ Ind. Name)
NEO GIM KIONG
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Gillian Goh, 16 Collyer Quay, #10-00 Income at Raffles,Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Goh Leng Chye
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
10/02/2021
Detailed Reason (s) for cessation
Mr Goh Leng Chye ("Mr Goh") has decided to resign as General Manager of SMC Industrial Pte Ltd ("SMCI") following the Group's expansion and focus on e-waste recycling and processing activities, which is not his area of expertise. After serving his one month notice, his last day of service is 10 February 2021.

The Company will seek and assess suitable candidates for the role of a General Manager of SMCI, and will announce any new appointments for this role in due course.

After having interviewed Mr Goh and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no material reasons for Mr Goh's resignation as General Manager of SMCI.
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
04/01/2019
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.)
General Manager of SMC Industrial Pte Ltd
Role and responsibilities
Executive.

Mr Goh is responsible for SMCI's overall performance, including daily operations, marketing and procurement functions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Goh is a shareholder of the Company holding 1,490,000 shares.
Past (for the last 5 years)
None
Present
None