Change - Announcement of Cessation::Retirement of Executive Director - Hong Wei Chien

Issuer & Securities

Issuer/ Manager
VIVIDTHREE HOLDINGS LTD.
Securities
VIVIDTHREE HOLDINGS LTD. - SGXE74791307 - OMK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Jul-2022 08:22:00
Status
New
Announcement Sub Title
Retirement of Executive Director - Hong Wei Chien
Announcement Reference
SG220713OTHRKVEU
Submitted By (Co./ Ind. Name)
Yeo Eng Pu, Charles
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of the retirement of Mr Hong Wei Chien as the Executive Director of the Company

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").

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 Mr Lay Shi Wei - Registered Professional, 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com

Additional Details

Name Of Person
Hong Wei Chien
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
28/07/2022
Detailed Reason (s) for cessation
Mr Hong Wei Chien ("Mr Hong") is retiring from office by rotation pursuant to Article 117 of the Company's Constitution at the forthcoming Annual General Meeting to be held on 28 July 2022 ("AGM"). He has decided not to seek for re-election to the Board of Directors of the Company at the forthcoming AGM but he will remain as the Visual Effects Director, an Executive Officer, of the Company.


The Company's Sponsor, RHT Capital Pte. Ltd., having interviewed Mr Hong, is satisfied that, save as disclosed in the announcement, there are no material reasons for the cessation of Mr Hong from the Board of Directors 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
23/08/2018
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)
2
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.)
Executive Director
Role and responsibilities
Executive Director (Visual Effects Director)
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
28,082,400 shares
Past (for the last 5 years)
Nil
Present
Nil