Change - Announcement of Cessation::Resignation of Ms Jenny Tay Lee Wee as Group Financial Controller

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2019 22:17:29
Announcement Sub Title
Resignation of Ms Jenny Tay Lee Wee as Group Financial Controller
Announcement Reference
Submitted By (Co./ Ind. Name)
Clement Lee Shieh-Peen
Executive Director 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, RHT Capital Pte. Ltd. (the Sponsor ), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST ).

The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor are: - Name: Mr Khong Choun Mun (Registered Professional, RHT Capital Pte. Ltd.) Address: 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619 Tel: 6381 6757

Additional Details

Name Of Person
Jenny Tay Lee Wee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Jenny Tay Lee Wee has resigned from her position as Group Financial Controller of the Company due to personal commitments and to spend time with her family.

Based on its enquiries, the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that, other than disclosed in this announcement, there are no other material reasons for the cessation of Ms Jenny Tay as the Group Financial Controller 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
If Yes, Please provide full details
Ms Jenny Tay has served the 2 months notice period in accordance with her employment contract. During her notice period, Ms Jenny Tay worked with Mr Cai Jingren, John ( Mr John Cai ) to ensure a smooth transition. Ms Jenny Tay has completed the handover process prior to this announcement.

Mr John Cai joined the Company on 22 July 2019 and will assume the position of Group Financial Controller after the cessation of service of Ms Jenny Tay.

Details of the qualifications and work experience of Mr John Cai are set out in his appointment announcement dated 30 September 2019.
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Financial Controller
Role and responsibilities
Responsible for overseeing the finance and accounting functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Shareholding Details
Synagie Corporation Ltd. -108,793 ordinary shares
Past (for the last 5 years)
1. Synagie Pte Ltd
2. Synagie Technologies Pte Ltd