Change - Announcement of Cessation::Resignation of Human Resource and Administration Manager
Issuer & Securities
ASIAPHOS LIMITED - SG2G24997246 - 5WV
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Human Resource and Administration Manager
Submitted By (Co./ Ind. Name)
Ngiam May Ling
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Ong Bee Kuan Melissa as Human Resource and Administration Manager.
This announcement has been reviewed by the Company's Sponsor, Asian Corporate Advisors 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. Liau H.K., at 160 Robinson Road, #21-05 SBF Center, Singapore 068914, Telephone number: 6221 0271
Name Of Person
Ong Bee Kuan Melissa
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other opportunities. The Company has handled the downsizing and the existing staff is now capable of managing the payroll and CPF processing and other administrative matters.
After having interviewed Ms Ong Bee Kuan Melissa and to the best of its knowledge, the Sponsor is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Ong Bee Kuan Melissa as Human Resource and Administration Manager 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?
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.)
Human Resource and Administration Manager
Role and responsibilities
Ms Ong is in charge of human resource and general administration.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Ong is the niece of Dr Ong Hian Eng, Chief Executive Officer and Executive Director of the Company and sister of Mr Simon Ong Eng Hock, Non-Executive Non-Independent Director of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Ms Ong holds 5,367,190 ordinary shares and is deemed interested in the 270,025,455 ordinary shares held by Astute Ventures Pte. Ltd., a substantial shareholder of the Company, in the share capital of the Company.
Past (for the last 5 years)
i. Eastcomm Pte. Ltd. (Dissolved)
i. Astute Investment Holdings Pte. Ltd.
ii. Astute Ventures Pte. Ltd.
iii. Abacus Corporate & Consulting Services Pte. Ltd.
iv. Aagora Pte. Ltd.
v. Norwest Chemicals Pte Ltd