Change - Announcement of Cessation::Cessation of Executive Director and Acting CEO - Wu Fengji, Steven

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Mar-2023 19:48:40
Status
New
Announcement Sub Title
Cessation of Executive Director and Acting CEO - Wu Fengji, Steven
Announcement Reference
SG230310OTHRXFAT
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director and Acting Chief Executive Officer.

Additional Details

Name Of Person
Wu Fengji, Steven
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
10/03/2023
Detailed Reason (s) for cessation
Mr. Wu has tendered his resignation in respect of his role as Executive Director and Acting Chief Executive Officer of the Company to pursue his own business interests and change of career. Pending the appointment of a replacement, the Deputy Chief Executive Officer of the Company, Mr. Shaun See, will in the interim step in to undertake the duties, responsibilities and functions of the Chief Executive Officer.
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
06/06/2022
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)
5
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.)
Executive Director and Acting Chief Executive Officer.
Role and responsibilities
Mr. Wu is responsible for leading the management in setting and executing the Group's strategies, goals and missions, and holds oversight of the day-to-day operations, overall administration, business and strategic development, marketing, corporate planning and management of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
None
Present
1. Director - Barten Construction and Trading Pte. Ltd.
2. Director - Barten Marine Co. Pte. Ltd.
3. Director - Wing Seng Company Ltd.