Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
9R LIMITED
Securities
9R LIMITED - SGXE45420721 - 1Y1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2024 17:52:37
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG240628OTHRK9S2
Submitted By (Co./ Ind. Name)
Lai Kuan Loong, Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer.

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 contact person for the Sponsor is Mr. Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881

Additional Details

Name Of Person
Chong Meng Fong
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
14/07/2024
Detailed Reason (s) for cessation
Ms Chong has tendered her resignation as the Chief Financial Officer ("CFO") of the Company to pursue other career opportunities.

Based on its enquiries, the Company's sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the announcement, there are no other material reasons for the cessation of Ms Chong as CFO of the Company.

There are no concerns with regards to financial reporting that led to the cessation of Ms Chong and there are no disagreements between Ms Chong and the Board of Directors of the Company with regards to practices that would have an impact to the Company's financial reporting.
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
26/04/2023
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for overseeing financial, accounting and corporate secretarial matters of the Group.

The Group is in the midst of assessing suitable candidates for the replacement of Ms Chong and will make an announcement when the necessary due diligence is completed.

The responsibilities currently undertaken by Ms Chong will be overseen by other finance team members until a replacement is appointed.
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
Past (for the last 5 years)
None
Present
None