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

Issuer & Securities

Issuer/ Manager
ASIATRAVEL.COM HOLDINGS LTD
Securities
ASIATRAVEL.COM HOLDINGS LTD - SG1J72891703 - 5AM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-May-2020 19:35:01
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG200506OTHRWH57
Submitted By (Co./ Ind. Name)
Boh Tuang Poh
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement. The details of the contact person for the Sponsor are as follows:

Name : Mr. Mah How Soon, Registered Professional

Address : 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619

Tel : (65) 6381 6966

Additional Details

Name Of Person
Ang Yen Leng, Chelyn
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
11/05/2020
Detailed Reason (s) for cessation
To pursue new career opportunities. Nonetheless, Ms. Chelyn Ang has indicated that she will remain contactable and available to the Company should they require any assistance.

Based on its enquiries, the Company's sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Ms. Chelyn Ang as Chief Financial Officer 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
01/06/2005
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Ms. Chelyn Ang is responsible for the Group's financial accounting, treasury and corporate reporting functions.
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?
Yes
Shareholding Details
63,000 shares of Asiatravel.com Holdings Ltd.
Past (for the last 5 years)
Nil
Present
Nil