Change - Announcement of Cessation::Retirement of Head of Operations
Issuer & Securities
ANCHOR RESOURCES LIMITED
ANCHOR RESOURCES LIMITED - SG1CG7000002 - 43E
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Head of Operations
Submitted By (Co./ Ind. Name)
Low Wee Siong
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Anchor Resources Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ( SGX-ST ) Listing Manual Section B: Rules of Catalist.
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 Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.
Name Of Person
Teoh Yee Kian
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Teoh Yee Kian has decided to go into retirement and to pursue personal interest. The Company's sponsor, UOB Kay Hian Private Limited, after having interviewed Mr Teoh Yee Kian, is satisfied that, save as disclosed in the announcement, there are no material reasons for the retirement of Mr Teoh Yee Kian as the Head of Operations 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.)
Head of Operations
Role and responsibilities
Overseeing the Group's operations
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?
205,000 shares in the Company held through a nominee company.
Past (for the last 5 years)
Viacor Asia Sdn Bhd
Viacor Systems Sdn Bhd