Change - Announcement of Cessation::Cessation of Lead Independent Director

Issuer & Securities

Issuer/ Manager
SEVENS ATELIER LIMITED
Securities
SEVENS ATELIER LIMITED - SG1Q04920423 - 5EW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Nov-2022 19:16:37
Status
New
Announcement Sub Title
Cessation of Lead Independent Director
Announcement Reference
SG221101OTHRQHT5
Submitted By (Co./ Ind. Name)
Jeffrey Hong Eng Leong
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Lead Independent Director.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Lam Kwong Fai
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
15/11/2022
Detailed Reason (s) for cessation
Mr Lam has been with the Company since October 2017. His resignation is to allow for renewal of the Board of the Company.

After having interviewed Mr Lam and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Mr Lam as the Company's Lead Independent Director.
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
31/10/2017
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)
3
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.)
Lead Independent Director, AC Chairman, NC Member, RC Member of the Company.
Role and responsibilities
The role and responsibilities as Lead Independent Director, AC Chairman, RC Member and AC Member of the Company.
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)
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Present
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