Change - Announcement of Cessation::Retirement of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
UNION GAS HOLDINGS LIMITED
Securities
UNION GAS HOLDINGS LIMITED - SG1DI1000002 - 1F2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Apr-2019 17:34:45
Status
New
Announcement Sub Title
Retirement of Executive Director and Chief Executive Officer
Announcement Reference
SG190409OTHRJ7NC
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The sponsor of the Company, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), is satisfied that there is no other reason for the cessation of Ms Teo Soak Theng Alexis as Executive Director and Chief Executive Officer of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently 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 correctness of any of the statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Yee Chia Hsing, Head, Catalist, Investment Banking, Singapore and Mr Ken Lee, Associate Director, Investment Banking, Singapore. The contact particulars are 50 Raffles Place, #09-01, Singapore Land Tower, Singapore 048623, Telephone: (65) 6337 5115.

Additional Details

Name Of Person
Teo Soak Theng Alexis (Zhang Shuting)
Age
36
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2019
Detailed Reason (s) for cessation
For personal reason.
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
20/06/2017
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.)
Chief Executive Officer
Role and responsibilities
The Group's overall management, including but not limited to oversee the day to day operations, set direction and growth path of the Group s business.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Daughter of Non-Executive Chairman Teo Kiang Ang, Sister of Executive Director Teo Hark Piang.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Ms Teo is directly interested in the 4,421,991 ordinary shares of the Company.
Past (for the last 5 years)
U.Build Pte Ltd.
Present
Union Gas Holdings Limited
Union Gas Pte. Ltd.
Union Energy Pte. Ltd.
U-Gas Pte. Ltd.
Union LPG Pte. Ltd.