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

Issuer & Securities

Issuer/ Manager
VIBRANT GROUP LIMITED
Securities
VIBRANTGRP S$29.5M 7.5%N201003 - SG7HH5000008 - 81JB
VIBRANT GROUP LIMITED - SG1BJ7000008 - BIP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Mar-2019 18:44:20
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG190315OTHR108B
Submitted By (Co./ Ind. Name)
Eric Khua
Designation
CEO
Effective Date and Time of the event
15/03/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Financial Officer

Additional Details

Name Of Person
Sim Geok Beng, Simon
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2019
Detailed Reason (s) for cessation
Mr Sim is leaving the Company of his own accord.
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
01/12/2010
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Mr Sim is responsible for the Group's financial accounting, treasury, taxation, corporate secretarial functions and regulatory compliance matters. His various other appointments in the Group as the company secretary and/or director of the subsidiaries will cease by his last day of service.
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)
MFL Logistics LLC
Present
1. Vibrant Energy Pte. Ltd.
2. LTH Logistics (Singapore) Pte Ltd
3. LTH Distripark Pte Ltd
4. Blackgold Megatrade Pte. Ltd.
5. Vibrant Properties Pte. Ltd.
6. Fervent III Developments Pte Ltd
7. Shentoncil Pte. Ltd.
8. Vibrant DB2 Pte. Ltd.
9. Vibrant Pucheng Investment Pte Ltd
10. Freight Links (Jiangsu) Co., Ltd
11. Legend Capital Gain Inc
12. Sinolink Financial Leasing Co., Ltd
13. Fervent Industrial Development (Suzhou)., Ltd
14. Saujana Tiasa Sdn. Bhd.
15. Vibrant Pucheng Logistics (Chongqing) Co., Ltd
16. Sentosa Capital Pte Ltd