Change - Announcement of Cessation::Resignation of Mr Simon Ooi See Keng as Key Management Personnel
Issuer & Securities
MARY CHIA HOLDINGS LIMITED
MARY CHIA HOLDINGS LIMITED - SG1Y51946677 - 5OX
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Mr Simon Ooi See Keng as Key Management Personnel
Submitted By (Co./ Ind. Name)
Ho Yow Ping (He YouPing)
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Simon Ooi See Keng as Key Management Personnel.
This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Charmian Lim (Tel: (65) 6232 3210), at 1 Robinson Road, #21- 00 AIA Tower, Singapore 048542.
Name Of Person
Simon Ooi See Keng
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Simon Ooi See Keng ("Mr Ooi") has resigned due to personal family commitments.
The Nominating Committee and the Sponsor were informed of Mr Ooi's resignation on 27 July 2022. Mr Ooi will continue to assist with the transition of his duties until 31 August 2022. After having interviewed Mr Ooi and to the best of its knowledge, the Company's Sponsor, SAC Capital Private Limited, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Ooi as a director 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Role and responsibilities
Manage MCU Holdings Sdn Bhd & MCU Beautitudes Sdn Bhd
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1. Manage MCU Holdings Sdn Bhd
2. MCU Beautitudes Sdn Bhd