Change - Announcement of Cessation::Cessation of Non-Executive Non-Independent Chairman
Issuer & Securities
ONEAPEX LIMITED - SG2C90967473 - 5SY
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Non-Executive Non-Independent Chairman
Submitted By (Co./ Ind. Name)
Tan Pei Hong, Alex
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 reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) 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 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 for the Sponsor is Mr. Andrew Leo, Chief Executive Officer, at 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.
Name Of Person
Zachary Tan Lian Chye
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Zachary Tan ("Mr Tan") has decided to resign as the Non-Executive Non-Independent Chairman as he wishes to attend to his other existing professional commitments, which are expected to become more demanding.
Based on its enquires, the Company's sponsor, Novus Corporate Finance Pte. Ltd., after having interviewed Mr Tan, and to the best of its knowledge, is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Tan.
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.)
Non-Executive Non-Independent Chairman
Role and responsibilities
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)