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

Issuer & Securities

Issuer/ Manager
DYNAMIC COLOURS LIMITED
Securities
DYNAMIC COLOURS LIMITED - SG1W32938860 - D6U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2019 17:28:59
Status
New
Announcement Sub Title
Resignation of Chief Operating Officer
Announcement Reference
SG190425OTHRWCUM
Submitted By (Co./ Ind. Name)
Yeo Hock Leng
Designation
Executive Chairman and Group Managing Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Operating Officer

Additional Details

Name Of Person
Ong Wei Ming
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2019
Detailed Reason (s) for cessation
To pursue other career objectives.
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
17/04/2018
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Mr Ong was responsible for assisting in the implementation of the Company's long-term strategies, plans and business development. Mr Ong reported to the CEO and kept him apprised of significant events, risk management operations and ongoing business development.
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
Present
Nil