Change - Announcement of Cessation::RESIGNATION OF CHIEF FINANCIAL OFFICER
Issuer & Securities
SINGAPORE O&G LTD.
SINGAPORE O&G LTD. - SG1DG2000005 - 1D8
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
RESIGNATION OF CHIEF FINANCIAL OFFICER
Submitted By (Co./ Ind. Name)
DR. BEH SUAN TIONG
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr Lance Tan, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: email@example.com).
Name Of Person
Choo Kok Wei, Eric ("Mr. Choo")
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other personal interest.
Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Limited, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Choo as the Chief Financial Officer of the Company and there are no disagreements between the Chief Financial Officer and the Board of Directors of the Company with regards to practices that will have an impact to the Company'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?
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.)
Chief Financial Officer
Role and responsibilities
Mr. Choo is responsible for the Group's finance, accounting and regulatory compliance functions including corporate governance, internal controls and sustainability reporting. He also oversees the Group's financial operations, corporate secretarial, tax matters and merger and acquisition activities. Mr. Choo joined the Company on 1 June 2014 as the Financial Controller and was re-designated to the current position of Chief Financial Officer on 10 November 2017.
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)