Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
VALLIANZ HOLDINGS LIMITED
Securities
VALLIANZ HOLDINGS LIMITED - SG1J89892363 - 545

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Jul-2014 19:02:30
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS CHIEF OPERATING OFFICER
Announcement Reference
SG140718OTHREJ7K
Submitted By (Co./ Ind. Name)
Yeo Chee Neng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Company has identified a suitable candidate for appointment as Chief Operating Officer and will make the relevant announcement as and when appropriate.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

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. Bernard Lui.
Telephone number: 6389 3000 Email: bernard.lui@stamfordlaw.com.sg

Additional Details

Name Of Person
Roy Yap Chin Kheong
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
18/07/2014
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
18/03/2013
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Executive, responsible for the business, management and operation of the Company and its subsidiaries.
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
322,000 ordinary shares in Vallianz Holdings Limited.
Past (for the last 5 years)
Bluez Oceanz Pte Ltd
Present
Nil