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

Issuer & Securities

Issuer/ Manager
G.H.Y CULTURE & MEDIA HOLDING CO., LIMITED
Securities
GHY CULTURE&MEDIA HLDG CO LTD - KYG3452A1076 - XJB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Mar-2024 17:58:31
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG240312OTHR8IT1
Submitted By (Co./ Ind. Name)
Guo Jingyu
Designation
Executive Chairman & Group CEO
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer.

The number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months does not include the cessations of Ms Wang Qing, Mr Yang Jun Rong, Mr Yeo Guat Kwang and Ms Low Hui Min announced today.

Additional Details

Name Of Person
Low Hui Min
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
28/06/2024
Detailed Reason (s) for cessation
Ms Low had tendered her resignation from her position as Chief Financial Officer on 18 December 2023 due to personal commitments. Arrangements in respect of Ms Low's resignation, including the effective date of her cessation as Chief Financial Officer, were finalised shortly prior to the date hereof pursuant to mutual agreement with the Board. In the interim period, Ms. Low will work closely with the Finance team to handover her responsibilities until the effective date of her cessation.

The Company is in process of finalising the appointment of a candidate for the position of the Chief Financial Officer and will make the necessary announcement when the candidate is appointed.

There are no concerns with regards to financial reporting that led to the cessation of Ms. Low as the Chief Financial Officer of the Company and there are no disagreements between Ms. Low and the Board of Directors with regards to practices that would have an impact on the Company's and the Group's financial reporting.
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
01/11/2019
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.)
Chief Financial Officer
Role and responsibilities
Ms. Low is responsible for all finance and accounting-related matters of the Group.
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?
No
Past (for the last 5 years)
Nil
Present
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