Change - Announcement of Cessation::Cessation of Head of Corporate Human Resources and Administration

Issuer & Securities

Issuer/ Manager
FU YU CORPORATION LIMITED
Securities
FU YU CORPORATION LTD - SG1B56010922 - F13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Nov-2020 17:45:41
Status
New
Announcement Sub Title
Cessation of Head of Corporate Human Resources and Administration
Announcement Reference
SG201119OTHR1TTX
Submitted By (Co./ Ind. Name)
Kong Wei Fung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Kwok Fong Kheng ("Ms Kwok") as Head of Corporate Human Resources and Administration

Additional Details

Name Of Person
Kwok Fong Kheng
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
09/12/2020
Detailed Reason (s) for cessation
The Company has terminated the employment contract between Ms Kwok and the Company in accordance with the terms of her employment contract. Ms Kwok is currently serving her notice period and her last day of employment will be 9 December 2020. In the meanwhile, the Company has commenced the search for a suitable replacement for Ms Kwok.
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
17/07/2020
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Head of Corporate Human Resources and Administration
Role and responsibilities
Ms Kwok is responsible for the human resources and administration matters in the Group.
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?
No
Past (for the last 5 years)
Nil
Present
Nil