Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
LEY CHOON GROUP HOLDINGS LIMITED
Securities
LEY CHOON GROUP HLDG LIMITED - SG2F02983607 - Q0X
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Aug-2022 18:04:30
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG220824OTHRY805
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Toh Kok Hean, Brayden as an Executive Officer.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

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 details of the contact person for the Sponsor is:
Name: Mr. Leong Weng Tuck (Registered Professional, RHT Capital Pte. Ltd.)
Address: 6 Raffles Quay #24-02, Singapore 048580
Email: sponsor@rhtgoc.com

Additional Details

Name Of Person
Toh Kok Hean Brayden
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2022
Detailed Reason (s) for cessation
As part of the Group's recalibration and restructuring of the existing team of Executive Officers to improve representation of the Group's respective businesses and functions and diversity in the management team, Mr Toh Kok Hean will step down as an Executive Officer but remain as an employee of the Company.

The Board of Directors thanks Mr Toh Kok Hean, Brayden for his contributions and dedication to the Company.

Based on its enquires, the Company's sponsor, RHT Capital Pte. Ltd., is satisfied that, save as disclosed in the announcement, there are no other material reasons for the cessation of Mr Toh Kok Hean, Brayden as Executive Officer of the Company.
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
01/03/2014
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Officer
Role and responsibilities
Responsible for the overall procurement, production, quality and maintenance of the asphalt plant, construction waste recycling plant and other related machineries.
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?
No
Past (for the last 5 years)
Nil
Present
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