Change - Announcement of Cessation::Cessation of Head of Operations

Issuer & Securities

Issuer/ Manager
3CNERGY LIMITED - SG0502000029 - 502
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Apr-2015 17:14:13
Announcement Sub Title
Cessation of Head of Operations
Announcement Reference
Submitted By (Co./ Ind. Name)
Tong Kooi Lian
Managing Director & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Sponsor of the Company, CIMB Bank Berhad (the "Sponsor"), is satisfied that there is no other reason for Mr. Bernard Tong Kim Chun's cessation.

This announcement has been prepared by the Company and its contents have been reviewed by 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 and Sponsor assume 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 Eric Wong (Director, Investment Banking), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.

Additional Details

Name Of Person
Bernard Tong Kim Chun
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue new career opportunity.
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.)
Head of Operations
Role and responsibilities
Bernard Tong was appointed Head of Operations of HSR International Realtors Pte Ltd, the Group's principal subsidiary and primarily responsible for overall operations, information technology, human resource, research and legal functions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nephew of Tong Kooi Ong, the Non-Executive Chairman (who is also a controlling shareholder) and Tong Kooi Lian, the Chief Executive Officer and Managing Director.
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Asia Analytica Pte. Ltd.