Change - Announcement of Cessation::Resignation of Mr Ian Lim Sui Yeng
Issuer & Securities
F J BENJAMIN HOLDINGS LTD
F J BENJAMIN HOLDINGS LTD - SG1D58018368 - F10
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Mr Ian Lim Sui Yeng
Submitted By (Co./ Ind. Name)
Karen Chong Mee Keng
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Ian Lim Sui Yeng as CEO and Director of the Company's wholly owned subsidiaries.
Name Of Person
Ian Lim Sui Yeng
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Ian Lim Sui Yeng has resigned as Chief Executive Officer and Director of F J Benjamin Singapore and F J Benjamin Lifestyle to pursue other interests and career opportunities.
The Company will continue to align the functions of the Chief Executive Officer for both its subsidiaries in Singapore and Malaysia. The move is in line with F J Benjamin's continued restructuring efforts across Southeast Asia to drive operational efficiencies and reduce costs.
The Board would like to express its appreciation to Mr Lim for his service and invaluable contributions to the Group in the last seven years.
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.)
Chief Executive Officer and Director of the Company's wholly owned subsidiaries, F J Benjamin Singapore and F J Benjamin Lifestyle.
Role and responsibilities
Mr Lim is responsible for the operations and business development in Singapore. He also heads the Group's Gap and Banana Republic business in Singapore, Malaysia and Indonesia.
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?
Past (for the last 5 years)
- F J Benjamin (Singapore) Pte Ltd
- F J Benjamin Lifestyle Pte Ltd