Change - Announcement of Cessation::Announcement of Cessation of Financial Controller

Issuer & Securities

Issuer/ Manager
CITICODE LTD.
Securities
CITICODE LTD. - SG1Q38922098 - 5FH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Jun-2020 17:56:49
Status
New
Announcement Sub Title
Announcement of Cessation of Financial Controller
Announcement Reference
SG200615OTHRTOQC
Submitted By (Co./ Ind. Name)
Teh Wing Kwan
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Financial Controller

Additional Details

Name Of Person
Ms Sim Li Ling
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date
19/06/2020
Detailed Reason (s) for cessation
To pursue other career opportunities.

Based on enquiries, the Board of Directors and the Audit Committee are satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Ms Sim Li Ling as the 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?
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
03/09/2018
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Ms Sim was responsible for financial matters of the Company, including financial reporting, treasury management, general administration, accounting and taxation functions (the "Job Function").

The Finance Manager of the Company and project accountant will take over the Job Function. The Company will make necessary announcements in due course when there is a suitable replacement.
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