Change - Announcement of Cessation::Resignation of Financial Controller

Issuer & Securities

Issuer/ Manager
KIMLY LIMITED
Securities
KIMLY LIMITED - SG1DF1000008 - 1D0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Nov-2024 17:38:43
Status
New
Announcement Sub Title
Resignation of Financial Controller
Announcement Reference
SG241127OTHRXU7D
Submitted By (Co./ Ind. Name)
Hoon Chi Tern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms. Lin Meiqi, the Financial Controller, an Executive Officer (as defined in Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited) of the Company.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Lin Meiqi
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date
25/01/2025
Detailed Reason (s) for cessation
Ms. Lin Meiqi ("Ms. Lin") has resigned to pursue other personal and career interests.

In the interim, Lee Wen Shan, Yvonne ("Ms. Lee"), the Group Senior Finance Manager, will be working closely with the Executive Director, Ms. Karen Wong, to assist in managing the finance and accounting functions of the Group. Ms. Lin is currently serving her notice period of 2 months and will continue to work with the Company through the transition period till 24 January 2025 to ensure a smooth handover of her duties.

After having interviewed Ms. Lin and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms. Lin as an Executive Officer of the Company.

In addition, there are no concerns with regards to financial reporting that led to the cessation of Ms. Lin and there are no disagreements between Ms. Lin and the Company's Board of Directors with regards to practices that will have an impact on the Company's financial reporting.

The Board of Directors thanks Ms. Lin for her contributions during her term of service as the Financial Controller and wishes her success in her future endeavours.
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
11/11/2021
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Ms. Lin is responsible for financial reporting, overall finance functions and accounting matters of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
None.
Present
None.