Change - Announcement of Cessation::Retirement from the position of Chief Commercial Officer

Issuer & Securities

Issuer/ Manager
SOILBUILD CONSTRUCTION GROUP LTD.
Securities
SOILBUILD CONSTRUCTION GRP LTD - SG2F78993043 - S7P
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Nov-2020 18:07:09
Status
New
Announcement Sub Title
Retirement from the position of Chief Commercial Officer
Announcement Reference
SG201106OTHRIKWV
Submitted By (Co./ Ind. Name)
Lim Chap Huat
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Ms Winny Monica Oei as Chief Commercial Officer of Soilbuild Construction Group Ltd.

Additional Details

Name Of Person
Winny Monica Oei
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2020
Detailed Reason (s) for cessation
Retirement.

The Nominating Committee and the Board of Directors are not aware of any other material reasons for the cessation of appointment of Ms Winny as the Chief Commercial Officer ("CCO") of the Company.

Ms Winny will be serving gardening leave from 9 November 2020 to 31 December 2020.
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?
Yes
If Yes, Please provide full details
The Nominating Committee and the Board of Directors had reviewed the reason for Ms Winny's cessation of appointment as stated above, and had accepted her retirement.
Date of Appointment to current position
18/09/2000
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Commercial Officer
Role and responsibilities
Ms Winny led and monitored the Group's purchasing and procurement procedures in the daily operations of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Ms Winny holds 120,000 shares of the Company.
Past (for the last 5 years)
Nil
Present
Nil