Change - Announcement of Cessation::CESSATION AS CHIEF FINANCIAL OFFICER OF THE COMPANY

Issuer & Securities

Issuer/ Manager
IMPERIUM CROWN LIMITED
Securities
IMPERIUM CROWN LIMITED - SG1S82928544 - 5HT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Sep-2016 17:47:07
Status
New
Announcement Sub Title
CESSATION AS CHIEF FINANCIAL OFFICER OF THE COMPANY
Announcement Reference
SG160901OTHRIKJL
Submitted By (Co./ Ind. Name)
Wan Jinn Woei
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (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
Koh Chai Nyuk
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
12/10/2016
Detailed Reason (s) for cessation
Personal reason to pursue other career opportunity

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than disclosed in the announcement, there are no material reasons for the resignation of Ms Koh Chai Nyuk as Chief Financial Officer ("CFO").

In addition, there are no concerns with regards to financial reporting that led to the resignation of the Company's CFO and there are no disagreements between the CFO and the Board of Directors of the Company with regards to practices that will have an impact to the Company's financial reporting.
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
01/04/2015
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
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for financial reporting, compliance to listing requirements and overall management of the finance function of the Group
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
Nil