Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF FINANCIAL CONTROLLER

Issuer & Securities

Issuer/ Manager
HUATIONG GLOBAL LIMITED
Securities
HUATIONG GLOBAL LIMITED - SG1AF2000003 - 41B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-May-2016 17:41:11
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF FINANCIAL CONTROLLER
Announcement Reference
SG160506OTHR8IJG
Submitted By (Co./ Ind. Name)
Ng Kian Ann Patrick
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Huationg Global Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 9 December 2014. The initial public offering of the Company (the "IPO") was sponsored by PrimePartners Corporate Finance Pte.Ltd. ("PPCF" or the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Thomas Lam, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
GOH TUCK PENG
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
06/05/2016
Detailed Reason (s) for cessation
To pursue other career opportunities.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Goh Tuck Peng as the Financial Controller of Huationg Global Limited.

In addition, there are no concerns with regards to financial reporting that led to the resignation of the Company's Financial Controller and there are no disagreements between the Financial Controller and the Board of Directors of the Company with regards to practices that will 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
07/04/2014
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)
3
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.)
FINANCIAL CONTROLLER
Role and responsibilities
Mr Goh Tuck Peng was responsible for the Group's financial and accounting matters and its compliance with financial reporting and regulatory requirements.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
250,000 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
Nil