Change - Announcement of Cessation::Cessation as Chief Financial Officer

Issuer & Securities

Issuer/ Manager
VENTURE CORPORATION LIMITED
Securities
VENTURE CORPORATION LIMITED - SG0531000230 - V03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2023 18:30:52
Status
New
Announcement Sub Title
Cessation as Chief Financial Officer
Announcement Reference
SG230228OTHRES34
Submitted By (Co./ Ind. Name)
Devika Rani Davar
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. William Ng Wai Lim as Chief Financial Officer ("CFO")

Additional Details

Name Of Person
William Ng Wai Lim
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2023
Detailed Reason (s) for cessation
Mr. Ng has resigned for personal reasons.
The Board wishes to thank Mr. William Ng Wai Lim for his service to 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
01/04/2022
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.)
Chief Financial Officer
Role and responsibilities
The CFO is responsible for Group finance and accounting functions including budgeting, financial planning, treasury, cash flow, credit and tax management and other general corporate and administrative functions.
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
1. Advanced Products Corporation Pte Ltd
2. GES (Singapore) Pte Ltd
3. Shanghai GES Information Technology Co., Ltd
4. Venture Electronics Spain S.L.
5. Venture International Pte. Ltd.
6. VIPColor Technologies Pte Ltd

Attachments

Cessation_of_CFO_28Feb2023.pdf
Total size =56K