Change - Announcement of Cessation::Retirement of Executive Director and Chief Financial Officer

Issuer & Securities

Issuer/ Manager
MICRO-MECHANICS (HOLDINGS) LTD.
Securities
MICRO-MECHANICS (HOLDINGS) LTD - SG1O09910991 - 5DD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Nov-2022 18:01:07
Status
New
Announcement Sub Title
Retirement of Executive Director and Chief Financial Officer
Announcement Reference
SG221125OTHRWRSC
Submitted By (Co./ Ind. Name)
Christopher Reid Borch
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director and Chief Financial Officer

Additional Details

Name Of Person
Chow Kam Wing
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2023
Detailed Reason (s) for cessation
Mr Chow Kam Wing has given notice of his retirement and intention to relinquish his appointments as Executive Director, Chief Financial Officer (CFO) and Company Secretary of the Company with effect from 31 January 2023.

Mr Chow Kam Wing shall continue to be employed by the Company as an advisor for finance matters for a period of one year.

For more info, please refer attached.
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
20/01/2003
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Financial Officer
Role and responsibilities
Mr Chow is responsible for all financial, IT and compliance matters of the Group
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?
Yes
Shareholding Details
2,811,000 ordinary shares in Micro-Mechanics (Holdings) Ltd
(Direct Interest)
1,000 ordinary shares in Micro-Mechanics (Holdings) Ltd
(Deemed interest)
Past (for the last 5 years)
Nil
Present
Nil

Attachments

MMH-Retirement of ED_CFO and Company Secretary.pdf
Total size =126K