Change - Announcement of Cessation::Cessation of Interim CEO

Issuer & Securities

Issuer/ Manager
DATAPULSE TECHNOLOGY LIMITED
Securities
DATAPULSE TECHNOLOGY LIMITED - SG1CB7000003 - BKW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Mar-2018 12:07:06
Status
New
Announcement Sub Title
Cessation of Interim CEO
Announcement Reference
SG180319OTHRUIO7
Submitted By (Co./ Ind. Name)
Lee Kam Seng
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Interim CEO

Additional Details

Name Of Person
Lee Kam Seng
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
19/03/2018
Detailed Reason (s) for cessation
Following the appointment of Mr Wilson Teng Wai Leung as the Chief Executive Officer for the Company, Mr Lee Kam Seng will relinquish his role as Interim CEO with effect from 19 March 2018, but will remain as the Chief Financial Officer and Company Secretary 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?
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
02/02/2018
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)
3
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.)
Interim CEO
Role and responsibilities
Mr Lee Kam Seng takes the lead in supervising or overseeing the finances, internal controls and corporate governance-related issues of the Company, until a permanent CEO is identified and appointed.
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)
Sssmine Private Limited
Moojaa Pte Ltd
Present
Datapulse Pte. Ltd.
Datapulse Investment Pte Ltd
Wayco Manufacturing (M) Sdn Bhd