Change - Announcement of Cessation::Announcement of Cessation of Mr Chua Thiam Siew, Johnson as the Financial Controller

Issuer & Securities

Issuer/ Manager
KOH BROTHERS ECO ENGINEERING LIMITED
Securities
KOH BROTHERS ECO ENGG LIMITED - SG1S95928879 - 5HV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Jan-2025 20:44:04
Status
New
Announcement Sub Title
Announcement of Cessation of Mr Chua Thiam Siew, Johnson as the Financial Controller
Announcement Reference
SG250122OTHR5UB0
Submitted By (Co./ Ind. Name)
Shin Yong Seub
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Chua Thiam Siew, Johnson ("Mr. Chua") as the Financial Controller of Koh Brothers Eco Engineering Limited (the "Company").

This announcement has been reviewed by the Company's sponsor, RHT Capital 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 announcement, 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
Chua Thiam Siew, Johnson
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
15/10/2024
Detailed Reason (s) for cessation
Mr. Chua had resigned from the Company with effect from 15 October 2024, after serving the required notice period. While Mr. Chua expressed his intention to step down in order to pursue other interests, the Company had also engaged in discussions with Mr. Chua in relation to his continued involvement post-resignation. After extensive deliberation, Mr. Chua has decided not to remain with the Company. Therefore, the Company wishes to release this announcement in accordance with the above facts.

Notwithstanding the above and during this interim period, the Group's finance functions have not been compromised and continued to be managed by its Finance Manager prior to a suitable replacement candidate being identified.

After having interviewed Mr Chua and to the best of its knowledge, the Sponsor is satisfied that there are no other material reasons for the cessation of Mr. Chua as the Financial Controller.
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
01/09/2017
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Executive. He is responsible for overseeing the finance function.
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
31,280
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil