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

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LIMITED - SG2E79981816 - QG1
METECH INTERNATIONAL W171005 - SG43T3000003 - 42MW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Jan-2016 20:44:23
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG160106OTHR6NKC
Submitted By (Co./ Ind. Name)
Benedict Lim
Designation
EVP
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Benny Lim Han as Group Chief Financial Officer of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte. Ltd., for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

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 correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Bernard Lui. His contact particulars are 10 Collyer Quay #27-00 Ocean Financial Centre Singapore 049315, Telephone: +65 6389 3000, Email Address: bernard.lui@morganlewis.com.

Additional Details

Name Of Person
Benny Lim Han
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2016
Detailed Reason (s) for cessation
Mr Benny Lim Han is resigning to pursue other career opportunities and to devote more time to his other commitments.
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
06/02/2013
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer
Role and responsibilities
The CFO is a key member of the Group's Management Team. As the CFO, Mr Benny Lim Han contributes significantly to the setting and oversight of the financial goals and objectives for the Group. His duties include business planning and forecasting, controllership, treasury duties and investors relations.
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?
No
Past (for the last 5 years)
Nil
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