Change - Announcement of Cessation::Resignation of Chief Investment Officer

Issuer & Securities

Issuer/ Manager
POLLUX PROPERTIES LTD.
Securities
POLLUX PROPERTIES LTD. - SG1I77884290 - 5AE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2017 17:56:17
Status
New
Announcement Sub Title
Resignation of Chief Investment Officer
Announcement Reference
SG171031OTHROKP6
Submitted By (Co./ Ind. Name)
Nico Purnomo Po
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
SAC Capital Private Limited, after having interviewed Ms Tracy Wun, is satisfied that other than disclosed in this announcement, there are no material reasons for the resignation of Ms Tracy Wun.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 Ms. Lee Khai Yinn, at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542, telephone (65) 6532 3829.

Additional Details

Name Of Person
Tracy Wun May Ling
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2017
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
01/06/2017
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)
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 Investment Officer
Role and responsibilities
This is an executive appointment.
Ms Tracy Wun is responsible for the Group's Finance & Treasury function, including engaging and negotiating with bankers, lawyers, financial advisors, tax advisors and formulating strategic investment decisions on corporate finance matters; she is also responsible for the Group's investor relations and public relations; corporatizing the Group's profile in the investment community.
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
500,000 ordinary shares of the Company
Past (for the last 5 years)
Hiap Hoe Limited
Hiap Hoe Investment Pte. Ltd.
WestBuild Construction Pte. Ltd.
Cavenagh Properties Pte. Ltd.
Hiap Hoe Strategies Pte. Ltd.
HH Residences Pte. Ltd.
HH Land Pte. Ltd.
Meteorite Group Pte. Ltd.
HH Properties Pte. Ltd.
SuperBowl Holdings Limited
SuperBowl Jurong Pte. Ltd.
SuperBowl Development Pte. Ltd.
SuperBowl Management Pte. Ltd.
SuperBowl Sentosa Pte. Ltd.
Super Funworld Pte. Ltd.
Hiap Hoe SuperBowl JV Pte. Ltd.
Meteorite Land Pty Ltd
Meteorite Development Pty Ltd
Meteorite Property (Pearl River) Pty Ltd
Meteorite Property (Bourke Street) Pty Ltd
Meteorite Property (Stirling Street) Pty Ltd
Meteorite Development (Pearl River) Pty Ltd
Meteorite Development (Lonsdale Street) Pty Ltd
Guan Hoe Development Pte Ltd
Bukit Panjang Plaza Pte Ltd
SuperBowl Golf & Country Club Pte Ltd
Wah Hoe Development Pte. Ltd.
Iglobal Lifestyle Pte. Ltd.
Big Boss Asia Pte. Ltd.
Big Boss Lifestyle Pte. Ltd.
Present
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