Change - Announcement of Cessation::Cessation of General Manager - Shanghai Operation

Issuer & Securities

Issuer/ Manager
HOSEN GROUP LTD.
Securities
HOSEN GROUP LTD - SG1Q03920366 - 5EV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-May-2015 17:20:07
Status
New
Announcement Sub Title
Cessation of General Manager - Shanghai Operation
Announcement Reference
SG150529OTHRFAUO
Submitted By (Co./ Ind. Name)
Lim Hai Cheok
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Hosen Group Ltd (the Company ) and its contents have been reviewed by the Company s sponsor, 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 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
Tan Wee Koon
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2015
Detailed Reason (s) for cessation
Resignation - to pursue other career opportunity

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 cessation of Mr Tan Wee Koon as the General Manager - Shanghai Operations 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
10/08/2011
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.)
General Manager - Shanghai Operation
Role and responsibilities
Responsible for the strategic planning, business development and day-to-day operation & management of Hock Seng Food (Shanghai) Co, Ltd
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