Change - Announcement of Cessation::CESSATION OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
INCREDIBLE HOLDINGS LTD.
Securities
INCREDIBLE HOLDINGS LTD. - SGXE23963270 - RDR
INCREDIBLE HOLDING LTD.W240204 - SGXN83006993 - W1XW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Mar-2024 18:11:55
Status
New
Announcement Sub Title
CESSATION OF EXECUTIVE DIRECTOR
Announcement Reference
SG240308OTHRA1JY
Submitted By (Co./ Ind. Name)
Jacob Leung Kwok Kuen
Designation
Chaiman
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by 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 Ms Vera Leong, Vice President, Hong Leong Finance Limited, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, telephone (+65) 6415 9881.

Additional Details

Name Of Person
Christian Kwok-Leun Yau Heilesen
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
08/03/2024
Detailed Reason (s) for cessation
Due to other personal commitments.

The Board, with the assistance of the Nominating Committee, is in the process of searching for, and endeavors to identify and appoint a suitable candidate for the role of an Executive Director as soon as possible.

The Sponsor, after having interviewed Mr. Christian Kwok-Leun Yau Heilesen, is satisfied that other than disclosed in the announcement, there is no other reason for the resignation of Mr. Christian Kwok-Leun Yau Heilesen as Executive Director 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?
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
23/11/2015
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for (a) developing and managing the business development strategies and establishing new business opportunities for growth and expansion, and (b) the day-to-day management of the Company and the Group s affairs
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Christian Kwok-Leun Yau Heilesen is deemed to be interested in the 60,802,500 ordinary shares of the Company
held by CKLY Family Trust through HSBC (Singapore) Nominees Pte Ltd. (which the beneficiaries are family
members of CKLY)
Past (for the last 5 years)
HB 2021 ApS
Present
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