Change - Announcement of Cessation::Cessation as Chairman and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
HEATEC JIETONG HOLDINGS LTD.
Securities
HEATEC JIETONG HOLDINGS LTD. - SG1Y31945526 - 5OR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2015 13:37:11
Status
New
Announcement Sub Title
Cessation as Chairman and Chief Executive Officer
Announcement Reference
SG151231OTHRYCP6
Submitted By (Co./ Ind. Name)
Soon Yeow Kwee Johnny
Designation
Executive Chairman 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, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

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 Tan Chong Huat, Registered Professional, RHT Capital Pte. Ltd., Six Battery Road, #10-01, Singapore 049909, telephone (65) 6381 6757.

Additional Details

Name Of Person
Soon Yeow Kwee Johnny
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2015
Detailed Reason (s) for cessation
Retire as a result of a succession plan that has been in process for the past several 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?
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
26/09/2007
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Role and responsibilities
Responsible for all day-to-day operations and determines the Group s strategic direction for business growth.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Soon Yeow Kwee Johnny is the father of Mr Soon Jeffrey, the Executive Director of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest: 24,273,599 ordinary shares

Deemed interest: 4,816,078 ordinary shares
Past (for the last 5 years)
Heatec Jietong Holdings Ltd;
HJT Engineering & Construction Pte Ltd;
JJY Engineering & Construction Pte Ltd;
Heatec Jietong Pte Ltd;
Chem-Grow Pte Ltd;
Chem Grow Services Pte Ltd;
Chem Grow Engineering Pte Ltd.
Present
Heatec Chariot Envirobotics Pte Ltd;
Heatec Marine Phils Construction Inc.;
Ipromar (Pte) Ltd;
Ipromar (M) Sdn Bhd;
Heatec (Shanghai) Co., Ltd;
Heatec Veslink Marine Co. Ltd.