Change - Announcement of Cessation::Resignation of Group Chief Financial Officer

Issuer & Securities

Issuer/ Manager
DESIGN STUDIO GROUP LTD.
Securities
DESIGN STUDIO GROUP LTD. - SG1O90915222 - D11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jun-2019 17:17:12
Status
New
Announcement Sub Title
Resignation of Group Chief Financial Officer
Announcement Reference
SG190607OTHRN0GB
Submitted By (Co./ Ind. Name)
Hazel Chia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Group Chief Financial Officer

Additional Details

Name Of Person
Ronald Kurniadi
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
08/06/2019
Detailed Reason (s) for cessation
To pursue other interests
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
01/05/2018
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer
Role and responsibilities
Mr Ronald Kurniadi is responsible for the Group's accounting and finance functions, including tax, treasury and compliance matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
(1) Design Studio (China) Pte. Ltd.
(2) Design Studio Asia Pte. Ltd.
(3) DSG Asia Holdings Pte. Ltd.
(4) DSG Manufacturing Singapore Pte. Ltd.
(5) DSG Projects Singapore Pte. Ltd.
(6) DSG Projects Malaysia Sdn. Bhd.
(7) DSG (Thailand) Co., Ltd.
(8) Design Studio (Huizhou) Home Furnishing Co., Ltd
(9) Design Studio Lanka (Private) Limited
(10) DS Project Management Sdn. Bhd.
(11) DSG Manufacturing Malaysia Sdn. Bhd.
Present
Nil