Change - Announcement of Cessation::Announcement of Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
LONGCHEER HOLDINGS LIMITED
Securities
LONGCHEER HOLDINGS LIMITED - BMG5635H1079 - L28
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Aug-2015 17:21:08
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Financial Officer
Announcement Reference
SG150828OTHRQ7FM
Submitted By (Co./ Ind. Name)
DR. DU JUNHONG
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Longcheer Holdings Limited (''Company'') wishes to announce the resignation of Mr Yuen Kwok Hon, the Chief Financial Officer ("CFO") of the Company with effect from 28 August 2015.

The Board wishes to record its appreciation to Mr Yuen for his efforts and contributions during his tenure as CFO of the Company.

The Company is in the process of finding a replacement for the CFO position, and will make the necessary announcement when a suitable candidate is found.

In the interim period, the duties of the overall day-to-day finance function would be undertaken by Mr Tao Qiang.

Additional Details

Name Of Person
Yuen Kwok Hon
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
28/08/2015
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
07/05/2012
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 Financial Officer
Role and responsibilities
Executive, overseeing the financial and accounting functions of the Group, including treasury, tax, corporate secretarial, legal and IT, and investor relations.
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
Past (for the last 5 years)
None
Present
None