Change - Announcement of Cessation::Resignation of Key Executive Officer - International Sales & Marketing Director

Issuer & Securities

Issuer/ Manager
SAMURAI 2K AEROSOL LIMITED
Securities
SAMURAI 2K AEROSOL LTD - SGXE31436269 - Y8E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Dec-2021 07:22:03
Status
New
Announcement Sub Title
Resignation of Key Executive Officer - International Sales & Marketing Director
Announcement Reference
SG211223OTHRQ3WV
Submitted By (Co./ Ind. Name)
Ong Yoke En
Designation
Executive Director & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Key Executive Officer - International Sales & Marketing Director


This announcement has been prepared by Samurai 2K Aerosol Limited (the "Company") and its contents have been reviewed by UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Chang Chien Fatt
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
24/12/2021
Detailed Reason (s) for cessation
Mr. Chang Chien Fatt ("Mr. Chang") has tendered his resignation due to his intention to relocate back to Selangor where his family resides.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limite is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Chang as the International Sales & Marketing 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
12/06/2019
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
International Sales & Marketing Director
Role and responsibilities
He is responsible for the Group's new market development and strategy for untapped territory.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
11,400 ordinary shares of the Company and 30,000 options convertible into 30,000 shares of the Company
Past (for the last 5 years)
Nil
Present
Nil