Change - Announcement of Cessation::Cessation of Head of Administration

Issuer & Securities

Issuer/ Manager
5E RESOURCES LIMITED
Securities
5E RESOURCES LIMITED - SGXE78399073 - NLC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2023 17:37:12
Status
New
Announcement Sub Title
Cessation of Head of Administration
Announcement Reference
SG230428OTHRT6T0
Submitted By (Co./ Ind. Name)
Lim Te Hua
Designation
Executive Director and Chief Executive Offi cer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

This announcement has been prepared by the Company and its contents have been reviewed by theCompany's sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST").

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 contact person for the Sponsor is Mr. Leong Weng Tuck Registered Professional, 36 Robinson Road,#10-06 City House, Singapore 068877, sponsor@rhtgoc.com.

Additional Details

Name Of Person
Wong Ying Wei
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
26/05/2023
Detailed Reason (s) for cessation
To pursue another employment opportunity.

Based on its enquiries, the Company's sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in the announcement, there are no other material reasons for the resignation of Ms. Wong as Head of Administration.
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
23/11/2020
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)
2
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.)
Head of Administration
Role and responsibilities
As the Head of Administration of our Group, she is responsible for planning and coordinating administrative procedures and systems, recruiting and training personnel, allocating responsibilities and office space, assessing staff performance, coaching and providing guidance to staff to ensure maximum efficiency and ensuring the smooth and adequate flow of information within our Group to facilitate other business operations.

Upon resignation of Ms. Wong Ying Wei, her role and responsibilities will be undertaken by Ms. Sim Ting Ling (Group Financial Controller) who will be supported by the admin team.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms. Wong Ying Wei is the daughter of the Chairperson and Executive Director, Ms. Loo Sok Ching, and the controlling shareholder, Mr. Wong Kim Fatt, and the niece of controlling shareholder, Mr. Ban Kim Wah.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
5E Holdings Sdn. Bhd.
5E Resources Sdn. Bhd.
Grandhill Property Sdn. Bhd.
Flexiwin Properties Sdn. Bhd.
Golden Oriental Realty Sdn. Bhd.
Wei Wei Property Sdn Bhd.
Wentel Corporation Sdn. Bhd.

Attachments

Resignation of Executive Officer.pdf
Total size =15K