Change - Announcement of Cessation::Resignation of Executive Officer-Head of Business Development

Issuer & Securities

Issuer/ Manager
5E RESOURCES LIMITED
Securities
5E RESOURCES LIMITED - SGXE78399073 - NLC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jun-2022 19:09:41
Status
New
Announcement Sub Title
Resignation of Executive Officer-Head of Business Development
Announcement Reference
SG220627OTHRAGUX
Submitted By (Co./ Ind. Name)
Lim Te Hua
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This announcement has not been examined or approved by the SGX-ST and 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 of the Sponsor is Mr. Leong Weng Tuck, Registered Professional, at 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com.

Additional Details

Name Of Person
Wong Chun Wei
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date
22/07/2022
Detailed Reason (s) for cessation
To pursue another employment opportunity.

Based on its enquiries, the Company's sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in the announcement, there are no other material reasons for the resignation of Mr. Wong as Head of Business Development.
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
01/10/2018
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)
2
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.)
Head of Business Development

Role and responsibilities
As the Head of Business Development of the Group, he is responsible for helping the Group enter into new markets, and to introduce and market our capabilities and expertise to new and existing customers.

Upon resignation of Mr. Wong Chun Wei, his role and responsibilities will be undertaken by Mr. Lim Te Hua (Chief Executive Officer) and Mr. Boo Chin Hwee (Head of Marketing).
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Wong Chun Wei is the son of the Chairman and Executive Director, Ms. Loo Sok Ching, and the Controlling Shareholder, Mr. Wong Kim Fatt, and the nephew of Controlling Shareholder, Mr. Ban Kim Wah.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
5E Holdings Sdn Bhd
Lumina Edutainment Sdn. Bhd.
Jww F&B & Retail Sdn. Bhd.
Present
Flexiwin Capital Sdn. Bhd .
Flexiwin Properties Sdn. Bhd.
Golden Oriental Realty Sdn. Bhd.
Jww Holding Sdn Bhd.

Attachments

5E Resources_Cessation of Mr Wong_27June2022.pdf
Total size =158K