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

Issuer & Securities

Issuer/ Manager
TRICKLESTAR LIMITED
Securities
TRICKLESTAR LIMITED - SGXE45760753 - CYW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2022 18:42:46
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer
Announcement Reference
SG220427OTHRL3AO
Submitted By (Co./ Ind. Name)
Bernard Christopher Emby
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Financial Officer

This announcement has been reviewed by the Company's sponsor, PrimePartnersCorporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "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. Shervyn Essex, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Ang Teck Soon
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2022
Detailed Reason (s) for cessation
Mr Ang Teck Soon ("Mr Ang") has tendered his resignation as the Chief Financial Officer ("CFO") of the Company to pursue other career opportunities. Mr Ang is currently serving his notice period until 31 May 2022 and will continue to act as a consultant to the Company from 1 June 2022 to 31 July 2022, to ensure a smooth transition subsequent to his cessation. The Company is currently searching for a suitable replacement and will make the necessary announcement in due course.

After having interviewed Mr Ang and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Ang as the CFO.

In addition, there are no concerns with regards to financial reporting that led to the cessation of Mr Ang and there are no disagreements between Mr Ang and the Board of Directors of the Company with regards to practices that will have an impact on the Company's financial reporting.
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
15/07/2020
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)
1
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.)
Chief Financial Officer
Role and responsibilities
Responsible for the management of the accounts and finance departments of the Group, overseeing the monthly management reporting of the Group and review of the financial results of the Group.
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
2,078 ordinary shares
Past (for the last 5 years)
Nil
Present
Nil