Change - Announcement of Cessation::Announcement of Cessation
Issuer & Securities
Issuer/ Manager
BOLDTEK HOLDINGS LIMITED
Securities
BOLDTEK HOLDINGS LIMITED - SG2F47989262 - 5VI
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Oct-2024 17:46:11
Status
New
Announcement Sub Title
Announcement of Cessation
Announcement Reference
SG241011OTHROFKT
Submitted By (Co./ Ind. Name)
Tan Wei Cheong and Lim Loo Khoon
Designation
Joint and Several Judicial Managers
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (Sponsor). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Mr. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.
Additional Details
Name Of Person
Ng Kok Seng
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2024
Detailed Reason (s) for cessation
Mr. Ng Kok Seng (Mr Ng) has resigned on 9 October 2024 as an Executive Director of Boldtek Holdings Limited (Company) to pursue other personal interests following a decision by the Judicial Managers to file a winding up application of the Company with the High Court of Singapore.
Mr Ng will be serving a 1- month notice period from his date of resignation and will be offsetting his balance annual leave. Mr Ng s effective last day of service with the Company will be on 24 October 2024.
Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr Ng as an Executive Director of the Company.
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
31/10/2012
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Management of Group projects, worksite operations and business development
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NIL
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Boldtek Projects Pte. Ltd.
MSC Engineering Pte. Ltd. (Struck off)
Present
Logistics Construction Pte. Ltd. (Under Judicial Management)
New Soil Technologies Pte. Ltd.
CCL Precast Pte. Ltd.
CCL Precast (M) Sdn Bhd
Le Premier Development Sdn Bhd
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11/10/2024 18:10:47