Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Securities
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Mar-2021 18:50:58
Status
New
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
SG210301OTHR8JTT
Submitted By (Co./ Ind. Name)
Liew Yoke Pheng Joseph
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Kelvin Kuah Zhichao, General Manager.

Additional Details

Name Of Person
Kelvin Kuah Zhichao
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2021
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
01/11/2019
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.)
General Manager.
Role and responsibilities
He is responsible for the management of the equipment parts business, including factory and branch management, sales development, purchasing and in overseas sales and marketing activities predominantly for Europe and Asia markets.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Kuah Geok Khim, a substantial shareholder of the Company who is deemed to be interested in the shares of the Company held by Hoe Leong Co. (Pte.) Ltd. by virtual of Section 7 of the Companies Act, Cap. 50.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
NIL