Change - Announcement of Cessation::Cessation of Company's VP Business Development

Issuer & Securities

Issuer/ Manager
THE TRENDLINES GROUP LTD.
Securities
THE TRENDLINES GROUP LTD. - IL0011328858 - 42T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Aug-2018 20:46:44
Status
New
Announcement Sub Title
Cessation of Company's VP Business Development
Announcement Reference
SG180808OTHR4Q8J
Submitted By (Co./ Ind. Name)
Haim Brosh
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Moshe Katzenelson as VP Business Development.

Additional Details

Name Of Person
Mr. Moshe Katzenelson
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
08/08/2018
Detailed Reason (s) for cessation
Mutual agreement between the parties to pursue new career opportunities.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the ceassation of Mr. Moshe Katzenelson as the VP Business Development 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
15/03/2016
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)
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.)
VP Business Development
Role and responsibilities
Responsible for the Company's corporate business development activities as well as assisting Company's portfolio companies in developing their own businesses.
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
Nil
Past (for the last 5 years)
Moshe Katzenelson Ltd.
Present
Nil

Attachments

Cessation of Company_s VP Business Development.pdf
Total size =116K