Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF GROUP CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
KODA LTD
Securities
KODA LTD - SG1CB1000009 - BJZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Mar-2020 17:56:26
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF GROUP CHIEF FINANCIAL OFFICER
Announcement Reference
SG200309OTHR9C8I
Submitted By (Co./ Ind. Name)
James Koh Jyh Gang
Designation
Deputy Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF GROUP CHIEF FINANCIAL OFFICER

Additional Details

Name Of Person
Lim Swee Hua
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2020
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
19/06/2017
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer ("CFO")
Role and responsibilities
Mr. Lim Swee Hua is responsible for the Group's overall finance, compliance, corporate governance and accounting functions (the "Role and Responsibilities").

Following the cessation of Mr. Lim Swee Hua as CFO, Mr. Tan Kian Peng, Darren (the Group Financial Controller) will report to Ms. Koh Shwu Lee (the Executive Director, Finance and Administration) for the Role and Responsibilities until a new CFO is appointed. The Company will announce the appointment of the new CFO in accordance with Rule 704(7) in due course.
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)
A1 Achieve Pte Ltd (Struck off)
Present
Acumen Associates LLP
Acumen Assurance
David Lim & Associates
SYA PAC