Change - Announcement of Cessation::Resignation of Chief Project Officer

Issuer & Securities

Issuer/ Manager
LEY CHOON GROUP HOLDINGS LIMITED
Securities
LEY CHOON GROUP HLDG LIMITED - SG2F02983607 - Q0X
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Oct-2018 17:41:25
Status
New
Announcement Sub Title
Resignation of Chief Project Officer
Announcement Reference
SG181024OTHREBJX
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
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 the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 details of the contact person for the Sponsor is:
Name: Mr. Nathaniel C.V. (Registered Professional, RHT Capital Pte. Ltd.)
Address: 9 Raffles Place #29-01, Republic Plaza Tower 1 Singapore 048619
Tel: 6381 6757

Additional Details

Name Of Person
Tan Teck Wei
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2018
Detailed Reason (s) for cessation
To pursue other career opportunities. Based on its enquiries, the Company's Sponsor, RHT Capital Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Tan Teck Wei as the Chief Project Officer of 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
28/09/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Project Officer
Role and responsibilities
Mr Tan was responsible for the overall management and coordination of the Group's projects. He also oversaw the setting up of the Group's asphalt premix plant and construction waste recycling plant.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
10,711,935
Past (for the last 5 years)
Ley Choon Constructions and Engineering Pte Ltd
Present
Multiform Developments & Construction Pte Ltd
Pan Alliance Technology International Pte. Ltd.