Change - Announcement of Cessation::Retirement of Group Human Resource Director

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
17-Jul-2020 22:55:27
Status
New
Announcement Sub Title
Retirement of Group Human Resource Director
Announcement Reference
SG200717OTHRSY0P
Submitted By (Co./ Ind. Name)
Kong Wei Fung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Madam Tan Lay Kheng ("Madam Tan") as Group Human Resource Director.

Additional Details

Name Of Person
Tan Lay Kheng
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
17/07/2020
Detailed Reason (s) for cessation
Early retirement. The Company and Madam Tan have on 17 July 2020 reached a mutual agreement to terminate her contract of service which originally expires on 30 September 2020.

The Board thanks Madam Tan for the invaluable contributions during her tenure of service.
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
01/10/2008
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.)
Group Human Resource Director
Role and responsibilities
She oversees the management and development of human resources across 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?
Yes
Shareholding Details
250 ordinary shares
Past (for the last 5 years)
Nil
Present
Nil