Change - Announcement of Cessation::Retirement of Mr Ong Chong Hua as Executive Director and Chief Operating Officer

Issuer & Securities

Issuer/ Manager
HO BEE LAND LIMITED
Securities
HO BEE LAND LIMITED - SG1H41875896 - H13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Feb-2025 23:20:38
Status
New
Announcement Sub Title
Retirement of Mr Ong Chong Hua as Executive Director and Chief Operating Officer
Announcement Reference
SG250226OTHR5QES
Submitted By (Co./ Ind. Name)
Li Xiangrun
Designation
Head of Finance and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement as Executive Director and Chief Operating Officer

Additional Details

Name Of Person
Ong Chong Hua
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2025
Detailed Reason (s) for cessation
Retirement and relinquishment of role as Executive Director and Chief Operating Officer in line with the Group's leadership development plan and succession plan.
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
11/08/1995
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)
5
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 and Chief Operating Officer
Role and responsibilities
Mr Ong Chong Hua works closely with the Executive Chairman and the Group's Chief Executive Officer in charting the Group's investment, development and marketing strategies. He is also responsible for all operational aspects of the Group's businesses in Singapore and the United Kingdom.
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
1,940,000 ordinary shares in Ho Bee Land Limited
Past (for the last 5 years)
Please refer to Annex A
Present
Please refer to Annex B

Attachments

Annex A.pdf
Annex B.pdf
Total size =159K