Change - Announcement of Cessation::CESSATION AS SENIOR MANAGER OF FINANCE AND ADMINISTRATION OF SPACKMAN ENTERTAINMENT GROUP LIMITED

Issuer & Securities

Issuer/ Manager
SPACKMAN ENTERTAINMENT GROUP LIMITED
Securities
SPACKMAN ENTERTAINMENT GRP LTD - SG1AB0000004 - 40E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2016 17:41:46
Status
New
Announcement Sub Title
CESSATION AS SENIOR MANAGER OF FINANCE AND ADMINISTRATION OF SPACKMAN ENTERTAINMENT GROUP LIMITED
Announcement Reference
SG160426OTHRLO9N
Submitted By (Co./ Ind. Name)
Noraini Latiff
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Company was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 22 July 2014. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor" ).

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Keng Yeng Pheng, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Eun Ja Kim
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2016
Detailed Reason (s) for cessation
Eun Ja Kim ("Ms. Kim") has decided to resign as Senior Manager of Finance and Administration of the Group on her own accord subsequent to the Proposed Restructuring (as defined and described in the Company's announcement dated 19 April 2016).

PrimePartners Corporate Finance Pte. Ltd. ("PPCF"), the Company's Sponsor, has been unable to contact Ms. Kim. However, Ms. Kim has provided a written confirmation that, save as disclosed in this announcement, there are no other material reasons for her resignation as the Senior Manager of Finance and Administration of the Group.
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?
Yes
If Yes, Please provide full details
Mr. Na Kyoungwon, the Chief Financial Officer of the Company, will be assuming the roles and responsibilities of Ms. Kim, supported by the management team of the Company
Date of Appointment to current position
01/01/2012
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)
2
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.)
Senior Manager of Finance and Administration
Role and responsibilities
As Senior Manager of Finance and Administration of the Group, Ms. Kim is responsible for maintaining financial, accounting, administrative and personnel matters.

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Nil