Change - Announcement of Cessation::Announcement of Cessation of Head of Growth of Raffles Digital Infrastructure Pte. Ltd.

Issuer & Securities

Issuer/ Manager
RAFFLES INFRASTRUCTURE HOLDINGS LIMITED
Securities
RAFFLES INFRASTRUCTUREHLDGSLTD - BMG7354C1038 - LUY
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jun-2023 19:46:01
Status
New
Announcement Sub Title
Announcement of Cessation of Head of Growth of Raffles Digital Infrastructure Pte. Ltd.
Announcement Reference
SG230605OTHR5YWQ
Submitted By (Co./ Ind. Name)
Ryan Chiu Tzong Min
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Head of Growth of Raffles Digital Infrastructure Pte. Ltd.

Additional Details

Name Of Person
Kim Jiwon
Age
27
Is effective date of cessation known?
Yes
If yes, please provide the date
09/06/2023
Detailed Reason (s) for cessation
To pursue other business opportunities.

Ms Kim Jiwon ("Ms Kim") tendered her resignation as the Head of Growth of the Company on 31 May 2023, giving a one-month notice ("Notice") citing her intention to pursue other business opportunities. After being given some time by the Company to reconsider, Ms Kim reaffirmed her decision to leave and following mutual discussion and agreement between the Company and Ms Kim, the Board agreed to accept her resignation on 5 June 2023, and waive the Notice period taking into account Ms Kim's reason for resigning.

Ms Kim Jiwon confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to her resignation.
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
15/07/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Head of Growth of Raffles Digital Infrastructure Pte. Ltd.
Role and responsibilities
As Head of Growth in the Digitalization business, she drives strategic initiatives to achieve business growth and works closely with the Executive Director. Her responsibilities include identifying digital opportunities, fostering innovation, and leading cross-functional teams for successful execution.
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)
Nil
Present
Nil