Change - Announcement of Cessation::CESSATION OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
BLUMONT GROUP LTD.
Securities
BLUMONT GROUP LTD. - SG1I69883698 - A33
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-May-2017 18:08:23
Status
New
Announcement Sub Title
CESSATION OF CHIEF FINANCIAL OFFICER
Announcement Reference
SG170502OTHRDOFW
Submitted By (Co./ Ind. Name)
NG KIM HUATT
Designation
EXECUTIVE DIRECTOR
Effective Date and Time of the event
02/05/2017 18:08:00
Description (Please provide a detailed description of the event in the box below)
CESSATION OF CHIEF FINANCIAL OFFICER

Additional Details

Name Of Person
John Lee Yow Meng
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
02/05/2017
Detailed Reason (s) for cessation
To pursue other career opportunities and 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
16/03/2015
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Mr. Lee was overall responsible for the Group's financial and accounting activities, as well as its other corporate reporting obligations.
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?
Yes
Shareholding Details
15,000,000 shares in Blumont Group Ltd.
Past (for the last 5 years)
None.
Present
Ezee Link Pte. Ltd.
Bizsolve Services Sdn. Bhd.