Change - Announcement of Cessation::Resignation of Director and Cessation of Chairman.

Issuer & Securities

Issuer/ Manager
HEETON HOLDINGS LIMITED
Securities
HEETON HOLDINGS LIMITED - SG1O44912994 - 5DP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Dec-2021 17:34:05
Status
New
Announcement Sub Title
Resignation of Director and Cessation of Chairman.
Announcement Reference
SG211209OTHRHX3K
Submitted By (Co./ Ind. Name)
Hoh Chin Yiep
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Toh Khai Cheng as non-executive Director and Chairman of the Company.

Additional Details

Name Of Person
Toh Khai Cheng
Age
93
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Mr Toh has resigned due to retirement and to pursue personal interests.
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
07/07/1976
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.)
Non-Executive Director and Chairman, AC & RC member.
Role and responsibilities
Non-Executive Director and Chairman, AC & RC member.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Toh Khai Cheng is the father of Mr. Toh Giap Eng (the current Executive Deputy Chairman) and Mr. Toh Gap Seng (alternate director). Both Mr. Toh Giap Eng and Mr. Toh Gap Seng are substantial shareholders of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
34,126,588 ordinary shares
216,766,438 deemed interest in ordinary shares
Past (for the last 5 years)
Nil
Present
Please refer to the attached.

Attachments

Director Declaration TKC Dec2021.pdf
Total size =59K