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

Issuer & Securities

Issuer/ Manager
KTL GLOBAL LIMITED
Securities
KTL GLOBAL LIMITED - SG1W37938998 - EB7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Jan-2020 17:41:50
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer and Company Secretary
Announcement Reference
SG200103OTHRY2Y1
Submitted By (Co./ Ind. Name)
Tan Kheng Kuan
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Financial Officer and Company Secretary

The Company is in the process of finding a replacement for the position of chief financial officer and will make the necessary announcement when a suitable candidate is appointed.

Additional Details

Name Of Person
Ng Kok Peng
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2020
Detailed Reason (s) for cessation
To pursue personal interest and other opportunities.
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
02/03/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Company Secretary
Role and responsibilities
Oversees the financial and accounting functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
18C Cafe Group Pte. Ltd.
Present
None