Change - Announcement of Cessation::Cessation of Chief Operating Officer - Property Development Division

Issuer & Securities

Issuer/ Manager
HATTEN LAND LIMITED
Securities
HATTEN LAND LIMITED - SG2D90976473 - PH0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Apr-2018 18:30:06
Status
New
Announcement Sub Title
Cessation of Chief Operating Officer - Property Development Division
Announcement Reference
SG180403OTHRYUMA
Submitted By (Co./ Ind. Name)
Lotus Isabella Lim Mei Hua
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Tan Kay Yan (Mark) as Chief Operating Officer- Property Development Division.

Hatten Land Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 26 January 2017 via a reverse take-over ("RTO"). The financial adviser for the RTO was UOB Kay Hian Private Limited (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Alvin Soh, Head of Catalist Operations, Senior Vice President, and Mr Josh Tan, Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Tan Kay Yan (Mark)
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
09/04/2018
Detailed Reason (s) for cessation
To pursue personal interests.

The Company s sponsor, UOB Kay Hian Private Limited, after having interviewed Mr Tan Kay Yan (Mark), is not aware of any other material reasons for the cessation of Mr Tan as the Chief Operating Officer of the Property Development Division of the Company and its subsidiaries (Hatten Land Group).
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
29/08/2017
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.)
Chief Operating Officer- Property Development Division.
Role and responsibilities
Mr Tan was responsible for all aspects of the growth property development division of Hatten Land 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
Direct interest in 216,000 shares of the Company and deemed interest in 994,000 shares of the Company held through his spouse.
Past (for the last 5 years)
PT Unityone Power Engineering Services
PT Unityone Prima Nusantara
Present
Soon Lin (Private) Limited