News
Change - Announcement Of Retirement Of Executive Director And Chief Financial Officer
BackNov 25, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 25, 2022 18:01 |
| Status | New |
| Announcement Sub Title | Retirement of Executive Director and Chief Financial Officer |
| Announcement Reference | SG221125OTHRWRSC |
| Submitted By (Co./ Ind. Name) | Christopher Reid Borch |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Executive Director and Chief Financial Officer |
| Additional Details | |
| Name Of Person | Chow Kam Wing |
| Age | 65 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/01/2023 |
| Detailed Reason (s) for cessation | Mr Chow Kam Wing has given notice of his retirement and intention to relinquish his appointments as Executive Director, Chief Financial Officer (CFO) and Company Secretary of the Company with effect from 31 January 2023. Mr Chow Kam Wing shall continue to be employed by the Company as an advisor for finance matters for a period of one year. For more info, please refer attached. |
| 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 | 20/01/2003 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and Chief Financial Officer |
| Role and responsibilities | Mr Chow is responsible for all financial, IT and compliance matters of the Group |
| 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 | 2,811,000 ordinary shares in Micro-Mechanics (Holdings) Ltd (Direct Interest) 1,000 ordinary shares in Micro-Mechanics (Holdings) Ltd (Deemed interest) |
| Past (for the last 5 years) | Nil |
| Present | Nil |
Attachments
- Attachment 1 (Size: 129,758 bytes)