Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF EXECUTIVE OFFICER
Issuer & Securities
HUATIONG GLOBAL LIMITED
HUATIONG GLOBAL LIMITED - SG1AF2000003 - 41B
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF EXECUTIVE OFFICER
Submitted By (Co./ Ind. Name)
Ng Kian Ann Patrick
Executive Director and Chief Executive Officer
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, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
This announcement has not been examined or approved by SGX-ST. 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 Mr Joseph Au, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: email@example.com)
Name Of Person
KHIN MAUNG TUN @ LIM MING HWEE
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To consider other career opportunities.
Mr Khin Maung Tun @ Lim Ming Hwee had served his notice period of 2 months from 1 February 2020.
The Board would like to extend its gratitude and appreciation to Mr Khin Maung Tun @ Lim Ming Hwee for his invaluable contributions to the Company during his tenure of service. A selection process for new Project Manager is being undertaken.
After having interviewed Mr Khin Maung Tun @ Lim Ming Hwee and to the best of its knowledge, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Khin Maung Tun @ Lim Ming Hwee as the Project Manager of the Company.
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
Mr Khin Maung Tun @ Lim Ming Hwee is in charge of project management, project planning and procurement of technical support for projects.
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?
100,000 ordinary shares - 0.07%
Past (for the last 5 years)