Change - Announcement of Cessation::Resignation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
SIM LEISURE GROUP LTD.
Securities
SIM LEISURE GROUP LTD. - SGXE75616446 - URR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-May-2024 17:38:10
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer
Announcement Reference
SG240507OTHRBJP4
Submitted By (Co./ Ind. Name)
Dato' Sim Choo Kheng
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Philip John Whittaker as Chief Executive Officer

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Philip John Whittaker
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2024
Detailed Reason (s) for cessation
Mr. Philip John Whittaker ("Mr. Whittaker") has informed the Board of Directors that he is resigning as Chief Executive Officer ("CEO") of the Company due to increasing personal and private commitments. Mr. Whittaker is currently serving his notice period.

Datin Silviya Georgieva Georgieva, the Executive Director of the Company, will assume and undertake the duties of the CEO following the departure of Mr. Whittaker as the CEO of the Company. The Company will not be seeking or looking for a replacement for the CEO position.

After having interviewed Mr. Whittaker and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Whittaker as the CEO 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?
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
01/07/2022
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Role and responsibilities
Overseeing the strategic direction and day-to-day operations of the Company
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
December 2016 to May 2020 - Nominee Director, LL Malaysia Taman Tema Sdn. Bhd. (Legoland)

December 2016 to May 2020 - Nominee Director, IDR Assets Sdn. Bhd.

December 2016 to May 2020 - Nominee Director, IDR Resorts Sdn. Bhd.

December 2016 to May 2020 - Nominee Director, Rakan Riang Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, LL Malaysia Attractions Holdings Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, LL Themed Hotel Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, TAR Kittown Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, TAR LBC Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, TAR PH Family Entertainment Sdn. Bhd.

March 2017 to May 2020 - Nominee Director, Themed Attractions Berhad

March 2017 to May 2020 - Nominee Director, TAR Riverwalk Sdn. Bhd.

January 2018 to May 2020 - Nominee Director, DC Resort Marketing Sdn. Bhd.

June 2018 to May 2020 - Nominee Director, Desaru North Course Berhad

June 2018 to May 2020 - Nominee Director, Desaru South Course Sdn. Bhd.

June 2018 to May 2020 - Nominee Director, ECM Golf Berhad

June 2018 to May 2020 - Nominee Director, TDR Golf Resorts Berhad

July 2020 to May 2022 - Communications Specialist, Go Communications Sdn. Bhd.
Present
March 2021 to Present - Director, Danolyte (Malaysia) Sdn. Bhd.

June 2021 to Present - Director, World Sports Entertainment Sdn. Bhd.