Change - Announcement of Cessation::Resignation of Financial Controller

Issuer & Securities

Issuer/ Manager
DUTY FREE INTERNATIONAL LIMITED
Securities
DUTY FREE INTERNATIONALLIMITED - SG2C70966271 - 5SO
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2024 17:46:55
Status
New
Announcement Sub Title
Resignation of Financial Controller
Announcement Reference
SG240424OTHRUYFW
Submitted By (Co./ Ind. Name)
Lee Sze Siang
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms. Cheah Im Bee as Financial Controller of the Group.

Additional Details

Name Of Person
Cheah Im Bee
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
09/05/2024
Detailed Reason (s) for cessation
Ms. Cheah Im Bee ("Ms. Cheah") has resigned as Financial Controller of the Group to pursue personal interests.

Ms. Cheah has confirmed that there are no concerns with regard to financial reporting that led to her resignation and there are no disagreements with regard to practices that would have an impact on the Groups financial reporting.

The Company has appointed Ms. Tneh Shu Hoay who will be assuming the roles and responsibilities as Financial Controller. A detailed announcement pursuant to Rule 704(7) of the Listing Manual of Singapore Exchange Securities Trading Limited containing the particulars of the newly appointed Financial Controller will be released separately via SGXNet.

The Board would like to extend its gratitude and appreciation to Ms. Cheah for her invaluable contributions to the Company during her tenure of service.
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
10/01/2011
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)
1
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.)
Financial Controller
Role and responsibilities
Ms. Cheah Im Bee is responsible for the financial 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
Other Directorships
Past (for the last 5 years)
1. Thirsty Boys Pte. Ltd.
2. Brand Connect (Thailand) Co., Ltd.
3. Brand Connect Vietnam Limited
Present
1. Brand Connect Holding Pte. Ltd. (in the process of striking off)
2. Brand Connect Asia Pacific Pte. Ltd. (in the process of striking off)
3. Brand Connect Pte. Ltd. (in the process of striking off)
4. Drinks Hub Asia Pte. Ltd. (in the process of striking off)