Change - Announcement of Cessation::Resignation of Chief Financial Officer and Joint Company Secretary

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jun-2022 18:59:39
Announcement Sub Title
Resignation of Chief Financial Officer and Joint Company Secretary
Announcement Reference
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Mak Peng Leong Philip as Chief Financial Officer and Joint Company Secretary of the Company.

This announcement has been prepared by Meta Health Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

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 Alex Tan, Chief Executive Officer, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name Of Person
Mak Peng Leong Philip
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Mak Peng Leong Philip ("Mr Mak") has expressed his intentions to retire and has tendered his resignation as the Chief Financial Officer ("CFO") and Joint Company Secretary of the Company.

Mr Mak is currently serving a six months' notice period in accordance with his employment agreement with the Company, and his effective date of cessation as CFO and Joint Company Secretary of the Company is 12 December 2022. The Company is in the midst of identifying a potential candidate for the role of CFO and will make the necessary announcement when practicable.

There are no concerns with regards to financial reporting that led to Mr Mak's resignation and there are no disagreements between him and the board of directors of the Company pertaining to practices that would have an impact on the Company's financial reporting.

After having interviewed Mr Mak and to the best of its knowledge, the Company's sponsor, ZICO Capital Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Mak as the CFO and Joint Company Secretary 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Joint Company Secretary
Role and responsibilities
Responsible for the Group's overall financial management, internal control and compliance requirements.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
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