Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS FINANCIAL CONTROLLER
Issuer & Securities
CHARISMA ENERGY SERVICES LIMITED
CHARISMA ENERGY SERVICES LTD - SG2B54957198 - 5QT
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS FINANCIAL CONTROLLER
Submitted By (Co./ Ind. Name)
Chong Wai Ching
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and reviewed by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (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 Lance Tan, Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: email@example.com).
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Kuah will be taking up a new role in business development. Accordingly, she will relinquish her position as Financial Controller. She will remain as Joint Company Secretary of the Company.
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 other material reasons for the cessation of Ms Kuah as Financial Controller of the Company.
In addition, there are no concerns with regards to financial reporting that led to the departure of Ms Kuah and there are no disagreements between Ms Kuah and the Company's Board of Directors 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller and Joint Company Secretary
Role and responsibilities
Responsible for the Group's overall finance and secretarial functions which include accounting, internal controls, financial and management reporting, investment, tax, treasury, financial analysis, M&A support, risk management and investor relations.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)