Change - Announcement of Cessation::Re-designation of Fong Teck Loon as Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
EPICENTRE HOLDINGS LIMITED
Securities
EPICENTRE HOLDINGS LIMITED - SG1W52939285 - 5MQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jun-2016 17:15:52
Status
New
Announcement Sub Title
Re-designation of Fong Teck Loon as Executive Director and Chief Executive Officer
Announcement Reference
SG160624OTHREE7H
Submitted By (Co./ Ind. Name)
Jimmy Fong Teck Loon
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This Announcement has been prepared by the Company and its contents have been reviewed by RHT Capital Pte. Ltd. for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This Announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Lin Song, Registered Professional (Tel: 65-638,6757) at Six Battery Road, #10-01, Singapore 049909.

Additional Details

Name Of Person
Fong Teck Loon
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
24/06/2016
Detailed Reason (s) for cessation
Decision to relinquish his position as Chairman of the Board is made in view of the disposal of his shares in 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
09/04/2002
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer and a member of Nominating Committee
Role and responsibilities
Responsible for setting the strategic direction, tracking of financial and profitability growth of the Group, as well as managing the business and overseeing all aspects of the daily operations of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes, spouse of Brenda Yeo
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 630,000 shares (0.68%) held by spouse, Brenda Yeo.
Past (for the last 5 years)
NIL
Present
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