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

Issuer & Securities

Issuer/ Manager
OUE LIMITED
Securities
OUE LIMITED - SG2B80958517 - LJ3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2019 22:02:19
Status
New
Announcement Sub Title
Cessation as Chief Financial Officer
Announcement Reference
SG190628OTHRCHZ0
Submitted By (Co./ Ind. Name)
Ng Ngai
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Bernard Lim Eng Chuan as the Chief Financial Officer of OUE Limited (the "Company")

Additional Details

Name Of Person
Bernard Lim Eng Chuan
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2019
Detailed Reason (s) for cessation
Mr Bernard Lim Eng Chuan ("Mr Lim") will relinquish his position as the Chief Financial Officer of the Company with effect from 30 June 2019 to pursue other professional interests.
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
17/02/2017
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)
1
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.)
Chief Financial Officer
Role and responsibilities
Mr Lim is responsible for financial reporting, budgeting, capital management, tax and investor relations for the Company and its group of companies.
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)
Please see the Annexure A attached.
Present
Meritus Hotels & Resorts (Hainan) Company Limited
(pending resignation)

Attachments

Annexure%20A.pdf
Total size =91K