Change - Announcement of Cessation::Resignation of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Jun-2024 20:02:11
Status
New
Announcement Sub Title
Resignation of Executive Director and Chief Executive Officer
Announcement Reference
SG240614OTHR5AYH
Submitted By (Co./ Ind. Name)
Lim Poh Yeow
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Kelvin Lum Wen-Sum as Executive Director and Chief Executive Officer

Additional Details

Name Of Person
Kelvin Lum Wen-Sum
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
13/09/2024
Detailed Reason (s) for cessation
Due to personal reasons which are health-related
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
01/03/2016
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 Director and Chief Executive Officer
Role and responsibilities
Responsible for the formulation and implementation of the overall business and corporate strategies of the Company and its subsidiaries (the "Group"). Oversees the management of the Group and its day-to-day operations. Also responsible for spearheading the growth of the business, ensuring its sustainability, and developing strategic partnerships and alliances.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Kelvin Lum Wen-Sum is the son of Mr David Lum Kok Seng (the controlling shareholder of the Company) and the brother of Mr Adrian Lum Wen-Hong (a Director).
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Kalms (Singapore) Pte Ltd
Kalms Investment Pte Ltd
CrystalTech Scientific Inc
EllipTech Solutions Pte Ltd
UK Property Investment Pte Ltd
Present
Lum Chang Holdings Limited
Ellipsiz Ltd
Ellipsiz DSS Pte Ltd
EIR Investments Pte Ltd
iNETest Resources Pte Ltd
Axis-Tec Pte Ltd
Ellipsiz Agro Investments Pte Ltd
ISE Capital Management Pte Ltd
ISE Foods Holdings Pte Ltd
iNETest Malaysia Sdn Bhd
Ellipsiz iNETest Co Ltd
Ellipsiz Taiwan Inc
Beverian Holdings Pte Ltd
Bevrian Pte Ltd
RMDV Investments Pte Ltd
LS Investments Pte Ltd
Nanyang Kindergarten
Nanyang Primary School
Nanyang Girls' High School Ltd
Nanyang International Education (Holdings) Limited

Attachments

Annc_ Resignation of ED and CEO .pdf
Total size =64K