Change - Announcement of Cessation::CESSATION OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
BLUMONT GROUP LTD.
Securities
BLUMONT GROUP LTD. - SG1I69883698 - A33
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Dec-2017 19:17:15
Status
New
Announcement Sub Title
CESSATION OF CHIEF FINANCIAL OFFICER
Announcement Reference
SG171206OTHR8V2S
Submitted By (Co./ Ind. Name)
CALVIN LIM HUAN KIM
Designation
LEAD INDEPENDENT DIRECTOR
Effective Date and Time of the event
06/12/2017 19:17:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer

Additional Details

Name Of Person
Alan Chin Yu
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
06/12/2017
Detailed Reason (s) for cessation
To pursue his own personal interest.
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
02/05/2017
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Mr Alan Chin Yu is responsible for the overall financial functions 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
250,000,000 ordinary shares in the Blumont Group Ltd.
Past (for the last 5 years)
BLUMONT GROUP LTD.
Present
1. Emerald Equities Pty Ltd
2. Worldwide Venture Pty Ltd
3. Equity Finance & Mortgages Pty Ltd
4. Tallanesse Pty Ltd
5. JC Milton & Co. Pty Ltd
6. Perth QG Pty Ltd
7. Maven Equity Pty Ltd