Change - Announcement of Cessation::Cessation of Group Finance Manager and Company Secretary

Issuer & Securities

Issuer/ Manager
P5 CAPITAL HOLDINGS LTD.
Securities
P5 CAPITAL HOLDINGS LTD. - SG1I98885227 - 5AI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Oct-2020 22:04:13
Status
New
Announcement Sub Title
Cessation of Group Finance Manager and Company Secretary
Announcement Reference
SG201005OTHRH8VT
Submitted By (Co./ Ind. Name)
Ong Bee Hoon
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. ("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 contact person for the Sponsor is:
Name: Mr. Shervyn Essex, Registered Professional, RHT Capital Pte. Ltd.
Address: 9 Raffles Place, #29-01, Republic Plaza Tower 1, Singapore 048619
Tel: (65) 6381 6966

Additional Details

Name Of Person
Ong Bee Hoon
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2020
Detailed Reason (s) for cessation
Ms Ong Bee Hoon ("Ms Ong") tendered her resignation to pursue her personal interests. She is currently serving her notice period and her last day of employment will be 31 December 2020. In this interim period, Ms Ong will work closely with Mr Koh Beng Leong, the Executive Director-Finance to handover her responsibilities until the effective date of her resignation. The Company is in the process of finding a replacement for a suitable candidate and upon appointment, will make the necessary announcement on SGXNET.

The Company's sponsor, RHT Capital Pte. Ltd., after having interviewed Ms Ong, is satisfied that, other than disclosed in the announcement, there are no material reasons for the cessation of Ms Ong as the Group Finance Manager and Company Secretary 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
07/10/1999
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
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.)
Group Finance Manager
Company Secretary
Role and responsibilities
Ms Ong is responsible for financial and management reporting, tax and company secretarial duties of the Company and the subsidiaries under the Lifestyle division of the Group.
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?
No
Past (for the last 5 years)
Nil
Present
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