Change - Announcement of Cessation::RESIGNATION OF REGIONAL OPERATIONS DIRECTOR - MR CHUA WEE KIONG
Issuer & Securities
MAXI-CASH FINANCIAL SERVICES CORPORATION LTD.
MAXI-CASH FIN SVCS CORP LTD - SG2E90982678 - 5UF
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
RESIGNATION OF REGIONAL OPERATIONS DIRECTOR - MR CHUA WEE KIONG
Submitted By (Co./ Ind. Name)
LIM SWEE ANN
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor").
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Ong Hwee Li (Tel: 6232 3210) at 1 Robinson Road #21-00 AIA Tower, Singapore 048542.
Name Of Person
Chua Wee Kiong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Chua Wee Kiong ("Mr Chua") has tendered his resignation as Regional Operations Director of the Company to pursue other career opportunity.
Mr Chua is currently on garden leave and his last day of employment will be 3 June 2021.
The Sponsor, after having interviewed Mr Chua, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Chua as Regional Operations Director 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?
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.)
Regional Operations Director,
Role and responsibilities
Responsible for our pawnbroking and retail business operations in Malaysia.
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)