Change - Announcement of Cessation::Cessation of Service of Executive Director

Issuer & Securities

Issuer/ Manager
QAF LIMITED
Securities
QAF LIMITED - SG1A49000759 - Q01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-May-2021 14:52:22
Status
New
Announcement Sub Title
Cessation of Service of Executive Director
Announcement Reference
SG210501OTHRK1P0
Submitted By (Co./ Ind. Name)
Serene Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to information below and to the Company's announcement dated 1 May 2021 regarding changes to the Board and Board Committees.

Additional Details

Name Of Person
Tan Teck Huat
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2021
Detailed Reason (s) for cessation
Stepping down from full-time employment. Mr Tan will be appointed as a consultant to the Company with effect 1 May 2021.
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
01/01/2017
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)
4
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.)
Finance Director
Executive Director
Role and responsibilities
Responsible for the overall financial and management accounting functions of the QAF Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Directorships in various companies in the QAF group.
Present
Member of and chairs Risk and Audit Committee of the Board of Trustees of Home Affairs Uniformed Services INVEST Fund

Member of Advisory Committee on Accounting Standards for Statutory Boards

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