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

Issuer & Securities

Issuer/ Manager
ALLIANCE HEALTHCARE GROUP LIMITED
Securities
ALLIANCE HEALTHCARE GROUP LTD - SGXE65282837 - MIJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jan-2021 18:39:07
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG210107OTHRPEBD
Submitted By (Co./ Ind. Name)
Barry Thng Lip Mong
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer

This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Tan Cher Ting, Director, Investment Banking, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +6563375115.

Additional Details

Name Of Person
Neo Lay Fen
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
07/01/2021
Detailed Reason (s) for cessation
Ms Neo Lay Fen has resigned for personal reason and to explore other career opportunities. Mr Phillip Lim Lian Teng has joined the Group to replace Ms Neo Lay Fen. Ms Neo will be serving her notice period and her last day of employment is 6 April 2021 (or such other date that the Company and Ms Neo may mutually agree). Ms Neo will ensure proper handover of duties to Mr Phillip Lim during the transition period.

With mutual agreement, Ms Neo has decided to tender her resignation in the interest of the Company in order to facilitate the alignment of leadership team within the finance function of the Group.

Based on its enquiries, the Sponsor of the Company, CIMB Bank Berhad, Singapore Branch is satisfied that, save as disclosed in this announcement, there is no material reason for the cessation of Ms Neo as the Chief Financial Officer of the Company.
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
01/02/2018
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.)
Chief Financial Officer
Role and responsibilities
The Chief Financial Officer is responsible for overseeing financial matters and corporate affairs of the Group.
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?
No
Past (for the last 5 years)
None
Present
None