Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
SLB DEVELOPMENT LTD.
Securities
SLB DEVELOPMENT LTD. - SG1ED7000005 - 1J0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Sep-2018 18:04:29
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG180927OTHRI982
Submitted By (Co./ Ind. Name)
Ong Eng Keong
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)

This announcement has been prepared by
the Company and its contents have been
reviewed by the Company's Sponsor, SAC
Capital Private Limited (the "Sponsor") for
compliance with the relevant rules of the
Singapore Exchange Securities Trading
Limited (the "SGX-ST"). The Sponsor has
not independently verified the contents of this
announcement.

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
Tay Sim Yee, at 1 Robinson Road, #21-00
AIA Tower, Singapore 048542, telephone: 65
6532 3829.

Additional Details

Name Of Person
Chong Su Hui, Joanna
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
28/09/2018
Detailed Reason (s) for cessation
For the pursuit of other career options. SAC Capital Private Limited, having interviewed Ms Chong, is satisfied that other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms Chong.
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
01/01/2018
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)
2
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.)
Sales and Marketing Manager
Role and responsibilities
She is responsible for keeping up with new trends and opportunities in the property market, project costing and developing and implementing strategic sales plans to achieve our Group's sales targets. She develops and maintains client relationships, and handles projects sales and marketing. She is also involved in the processes occurring after TOP and CSC, including
handover of units and the formation of the Management Corporation Strata Title.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
NIL