Change - Announcement of Cessation::Resignation of Group Chief Financial Officer

Issuer & Securities

Issuer/ Manager
TEE INTERNATIONAL LIMITED
Securities
TEE INTERNATIONAL LIMITED - SG2C64965297 - M1Z
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Feb-2020 22:03:58
Status
New
Announcement Sub Title
Resignation of Group Chief Financial Officer
Announcement Reference
SG200227OTHRD8S7
Submitted By (Co./ Ind. Name)
SAW CHIN CHOO
Designation
EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
Resignation of Group Chief Financial Officer

Additional Details

Name Of Person
YEO AI MEI
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2020
Detailed Reason (s) for cessation
To dedicate more time to her personal commitment.

Ms Yeo Ai Mei has tendered her resignation as Chief Financial Officer of the Company (CFO) of TEE International Limited (the Company) on 27 February 2020 She is currently serving a 6-month notice period under her service agreement.

The Company is in the process of finding a replacement for the position of CFO or equivalent and will make the necessary announcement when the new CFO is appointed.
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
25/07/2018
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer and Company Secretary
Role and responsibilities
Oversee TEE Group's accounting, finance, tax, legal and corporate secretarial and other related activities.
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
1,035,000 ordinary shares in TEE International Limited
85,458 warrants in TEE International Limited
Past (for the last 5 years)
NIL
Present
1. G3 Environmental Private Limited
2. TEE Environmental Private Limited
3. TEE Recycling Pte. Ltd.
4. Envotek Engineering Pte. Ltd.
5. TEE GA Pte. Ltd.
6. TEE Realty Pte. Ltd.
7. Development 83 Pte. Ltd.
8. TEE Property Pte. Ltd.
9. TEE Homes Pte. Ltd.
10. Development 72 Pte. Ltd.
11. TEE Industrial Pte. Ltd.
12. TEE Hospitality Pte. Ltd.
13. Development 16 Pte. Ltd.
14. TEE Ventures Pte. Ltd.
15. TEE Vista Pte. Ltd.
16. Development 35 Pte. Ltd.
17. TEE Forward Pte. Ltd.
18. Klang City Development Pte. Ltd.
19. Viet TEE Company Limited
20. Development 26 Pte. Ltd.
21. Unique Commercial Pte. Ltd.
22. Development 32 Pte. Ltd.
23. TEE Development Pte Ltd