Change - Announcement of Cessation::Cessation of Group Financial Controller
Issuer & Securities
RENEWABLE ENERGY ASIA GRP LTD
RENEWABLE ENERGY ASIA GRP LTD - BMG7499U1099 - 5DW
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Group Financial Controller
Submitted By (Co./ Ind. Name)
Soh Yeow Hwa
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Soh Yeow Hwa as Group Financial Controller.
This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 Company's Sponsor has not independently verified the contents of this announcement.
The contact person for the Sponsor is:-
Name: Mr Chew Kok Liang, Registered Professional, RHT Capital Pte. Ltd.
Address: Six Battery Road, #10-01, Singapore 049909
Tel: 6381 6757
Name Of Person
Soh Yeow Hwa
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other career/ personal developments
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?
If Yes, Please provide full details
Appointment of Mr Tan Kuok Keong as Group Financial Controller with effect from 14 January 2016. Mr Soh Yeow Hwa will continue to provide guidance and advice with respect to regulatory and compliance matters till 31 March 2016 or a date to be determined by the Company which it deems fit.
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.)
Group Financial Controller
Role and responsibilities
Responsible to oversee the accounting and finance function of the Company, continuous improvement of the Company's internal processes, liaise with auditors on finance matters and other matters directed by the Board of Directors and Chief Executive Officer
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?
Past (for the last 5 years)
REA Power Pte Ltd
Hu An Cable Limited
Hu An Electric (Singapore) Pte Ltd
Shenghuan Cable (Singapore) Pte Ltd
Origins of Nature Fengshui International Pte Ltd
Environmental Infrastructure Resources Pte Ltd
SNG Internal Trading Pte Ltd
Renewable Energy Asia Power Pte Ltd
HQ Environment Pte Ltd