Change - Announcement of Cessation::Resignation of Group Managing Director

Issuer & Securities

Issuer/ Manager
QAF LIMITED
Securities
QAF LTD - SG1A49000759 - Q01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Oct-2016 17:18:53
Status
New
Announcement Sub Title
Resignation of Group Managing Director
Announcement Reference
SG161019OTHRNY5P
Submitted By (Co./ Ind. Name)
Lee Woan Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the simultaneous announcement of the Company captioned "Changes to the Board of QAF Limited" as of today.

Additional Details

Name Of Person
Tan Kong King
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2016
Detailed Reason (s) for cessation
Retirement and resignation of Group Managing Director
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
02/01/1996
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)
4
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 Managing Director
Role and responsibilities
Duties as Group Managing Director for the QAF group of companies.
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?
Yes
Shareholding Details
Mr Tan Kong King has an interest in 4,803,034 QAF shares representing 0.85% of the issued share capital of QAF Limited.
Past (for the last 5 years)
(None for listed entities)
Present
QAF Limited