Change - Announcement of Cessation::Cessation of Appointment of Deputy CEO and Executive Director

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jul-2023 18:00:48
Status
New
Announcement Sub Title
Cessation of Appointment of Deputy CEO and Executive Director
Announcement Reference
SG230724OTHRKW5D
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)

Please see below for details of the cessation of appointment of Mr See Seng Kee Shaun, Deputy Chief Executive Officer and Executive Director.

Additional Details

Name Of Person
See Seng Kee Shaun
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
24/07/2023
Detailed Reason (s) for cessation
Mr. See has tendered his resignation from his appointment as the Deputy Chief Executive Officer and Executive Director of the Company as he has decided to take up a new appointment involving coaching and management role in squash as a sport.
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
04/07/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chief Executive Officer and Executive Director
Role and responsibilities
Mr. See was assigned to support the Board and the Chief Executive Officer/Executive Chairman in oversight of general administration, governance and management of the Group and was to assist the Board and the Chief Executive Officer/Executive Chairman to ensure the achievement of operational and strategic objectives of the Group. Together with the Chief Executive Officer/Executive Chairman, Mr. See was expected to provide strategic and operational leadership to the management team and to create management practices that enable effective management.
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
Other Directorships
Past (for the last 5 years)
Epson Singapore Pte. Ltd., Regional Director
Present
1. Riau Capital Pte Ltd.
2. Bright Northstar Resources Pte. Ltd.
3. Connectivity Nusantara Pte. Ltd.
4. Assistant Secretary of Singapore Squash Racket Association
5. Chairman of National Squash League