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

Issuer & Securities

Issuer/ Manager
PSL HOLDINGS LIMITED
Securities
PSL HOLDINGS LTD - SG1CC8000000 - BLL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-May-2020 00:02:55
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer
Announcement Reference
SG200509OTHRVID0
Submitted By (Co./ Ind. Name)
Sjonanto Widjaja
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Executive Officer

Additional Details

Name Of Person
Lee Chee Tak
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2020
Detailed Reason (s) for cessation
Mr Lee Chee Tak ("Mr Lee") is resigning to pursue other career opportunities.
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
24/10/2019
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Role and responsibilities
Mr Lee is responsible for the overall business and general management of PSL Holdings Limited and its subsidiaries.
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)
July 2019 - October 2019
PSL Holdings Limited, Independent Director

March 1994 - April 2016
Super Group Ltd., Executive Director
Present
Nil