Change - Announcement of Cessation::Resignation of the Group's Key Management Personnel
Issuer & Securities
INTERNATIONAL PRESS SOFTCOM LIMITED
INTERNATIONAL PRESS SOFTCOM - SG1G93873220 - 571
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of the Group's Key Management Personnel
Submitted By (Co./ Ind. Name)
Teh Eng Chai
Description (Please provide a detailed description of the event in the box below)
Resignation of the Group's Key Management Personnel, Mr Chan Yee Liang as General Manager of the group of companies for China region.
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("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 Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship (Mailing address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: firstname.lastname@example.org).
Name Of Person
Chan Yee Liang
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue personal interest.
Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that, save as disclosed in this announcement, that are no material reasons for the resignation of Mr Chan Yee Liang as the General Manager of the group of companies for China region.
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.)
General Manager of the group of companies for China region
Role and responsibilities
Responsible for the planning and management of the Group of Companies for China region
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?
Direct interest - 1,150,000 (0.16%)
Past (for the last 5 years)
(1) IP Softcom (Xiamen) Co., Ltd.
(2) IP Softcom (Shenzhen) Co., Ltd.