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

Issuer & Securities

Issuer/ Manager
HC SURGICAL SPECIALISTS LIMITED
Securities
HC SURGICAL SPECIALISTSLIMITED - SG1DC2000004 - 1B1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2017 17:13:11
Status
New
Announcement Sub Title
Resignation of Chief Operating Officer
Announcement Reference
SG170531OTHRJS74
Submitted By (Co./ Ind. Name)
Dr. Heah Sieu Min
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Dr Chia Kok Hoong as Chief Operating Officer.

HC Surgical Specialists Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 3 November 2016. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's continuing sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the 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 Ms Jennifer Tan, Senior Manager, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Dr Chia Kok Hoong
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2017
Detailed Reason (s) for cessation
Dr Chia Kok Hoong ("Dr Chia") has relinquished his position as Chief Operating Officer and remains as Executive Director of the Company with effect from 31 May 2017 due to realignment of duties.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no material reasons for the resignation of Dr Chia as the Chief Operating 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
03/11/2016
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Operating Officer
Role and responsibilities
As Chief Operating Officer, Dr Chia is responsible for the overall operations 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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
34,753,440 ordinary shares
Past (for the last 5 years)
Heah & Chia Surgical Associates Pte Ltd
(Company has been struck off the Register on
9 March 2017)
Present
Please see "Annexure A" as per attached.

Attachments

Annexure A.pdf
Total size =13K