Change - Announcement of Cessation::Resignation of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
HEATEC JIETONG HOLDINGS LTD.
Securities
HEATEC JIETONG HOLDINGS LTD. - SG1Y31945526 - 5OR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Aug-2024 18:34:54
Status
New
Announcement Sub Title
Resignation of Non-Executive and Independent Director
Announcement Reference
SG240801OTHREAIW
Submitted By (Co./ Ind. Name)
Soon Jeffrey
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive and Independent Director.

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by 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 Mr. Pong Chen Yih, Chief Operating Officer, 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Additional Details

Name Of Person
Chua Siong Kiat
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2024
Detailed Reason (s) for cessation
Mr. Chua Siong Kiat ("Mr. Chua") has tendered his resignation to focus more time on his existing commitments.

Following his resignation, Mr. Chua will cease to be the Chairman of the Audit and Risks Management Committee of the Company.

After interviewing Mr. Chua and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no material reasons for the resignation of Mr. Chua.
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
01/02/2022
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director and Chairman of the Audit and Risks Management Committee of the Company.
Role and responsibilities
As described above.
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
Direct interests in 1,600 shares in the Company, representing 0.0008% of the issued share capital of the Company.
Past (for the last 5 years)
1. Axington Inc.
2. Kitchen Culture Holdings Limited
3. China Star Food Group Limited (currently known as Zixin Group Holdings Limited)
4. National Arthritis Foundation
5. Tee Infrastructure Pte Ltd
6. Trans Equatorial Engineering Pte Ltd
7. JES International Holdings Limited
8. Nutryfarm International Limited
9. China Yuanbang Property Holdings Limited
10. Omni Sharing Pte. Ltd.
Present
1. New Silkroutes Group Limited
2. Ever Glory United Holdings Limited
3. VCI Global Limited
4. Starwork Vision Pte. Ltd.
5. Robotic Vision Inc. Pte. Ltd.
6. Lighthouse Business Consulting Pte. Ltd.
7. MIT Investment Pte. Ltd. (a wholly owned subsidiary of Memiontec Holdings Limited)
8. Memiontec Holdings Limited
9. UMS Holdings Limited