Change - Announcement of Cessation::Secura Group Limited - Resignation of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
SECURA GROUP LIMITED
Securities
SECURA GROUP W190125 - SG5AQ5000008 - 43CW
SECURA GROUP LIMITED - SG1CF2000009 - 43B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Oct-2017 17:36:51
Status
New
Announcement Sub Title
Secura Group Limited - Resignation of Executive Director and Chief Executive Officer
Announcement Reference
SG171010OTHRG7GV
Submitted By (Co./ Ind. Name)
Lim Siok Leng
Designation
Executive Director and Chief Financial Officer
Effective Date and Time of the event
10/10/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Secura Group Limited (the Company) and its contents have been reviewed by the sponsor of the Company, United Overseas Bank Limited (the Sponsor), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the 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 Mr Chia Beng Kwan, Senior Director, Equity Capital Markets, who can be contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898.

Additional Details

Name Of Person
Paul Lim Choon Wui
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
05/01/2018
Detailed Reason (s) for cessation
To pursue personal interests and to spend more time with his family.

The Sponsor after having interviewed Mr Paul Lim Choon Wui, is satisfied that other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Lim.
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
20/01/2016
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.)
Executive Director and Chief Executive Officer
Role and responsibilities
Management and executive responsibilities for business direction, strategies and overall development 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?
Yes
Shareholding Details
21,600,000 shares (direct)
524,000 shares (deemed interest held under the name of DBS Nominees (Private) Limited)
Past (for the last 5 years)
Secura Singapore Pte. Ltd.
Secura Forms Pte Ltd
Boon Yong Electrical Pte Ltd
Red Sentry Pte Ltd
Secura Foremost eMage Pte. Ltd.
Soverus Pte. Ltd.
Soverus Technology Pte. Ltd.
Soverus Group Pte. Ltd.
Soverus Consultancy & Services Pte. Ltd.
Custodio Technologies Pte. Ltd.
Secura Documation Pte. Ltd.
Soverus Kingdom Systems Pte. Ltd.
Secura Training Academy Pte. Ltd.
Foremost Secura Corporation
Secura Security Printing Sdn. Bhd.
Secura Malaysia Sdn. Bhd.
Secura (Thailand) Co., Ltd
Present
Magnus Systems Pte Ltd
Circle8 Pte Ltd
Fidelium Capital Pte Ltd

Attachments

Announcement - Resignation of Group CEO.pdf
Total size =446K