Change - Announcement of Cessation::Resignation of Financial Controller
Issuer & Securities
MOOREAST HOLDINGS LTD.
MOOREAST HOLDINGS LTD. - SGXE69578966 - 1V3
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Financial Controller
Submitted By (Co./ Ind. Name)
Sim Koon Lam
Executive Director, CEO and Deputy Chairman
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, W Capital Markets Pte. Ltd. (the "Sponsor").
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Alicia Chang, Registered Professional, W Capital Markets Pte. Ltd., 65 Chulia Street, #43-01 OCBC Centre, Singapore 049513, Telephone (65) 6513 3525.
Name Of Person
Low Wei Yee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Low Wei Yee ("Yvonne Low") has tendered her resignation as a Financial Controller of the Company as she wishes to pursue other opportunities.
Ms Yvonne Low has confirmed that she is not aware of any concerns with regards to the financial reporting of the Group that led to her resignation.
The Company expresses its gratitude to Ms Yvonne Low for her valuable contributions during her tenure of service.
The Sponsor, having spoken to Ms Yvonne Low, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms Yvonne Low.
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.)
Role and responsibilities
Ms Yvonne Low was responsible for overseeing the finance and accounting function of the group.
The Company is in the process of looking for a suitable candidate for the position of Chief Financial Officer or Financial Controller and will make the necessary announcement to update shareholders on the new appointment in due course.
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?
10,000 ordinary shares
Past (for the last 5 years)