This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Ms Tan Cher Ting, Director, Investment Banking, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone (65) 6337 5115.
Name of person
Foo Hui Min
Is effective date of cessation known?
Effective date for cessation
Oct 30, 2016
Detailed reason(s) for cessation
Ms Foo Hui Min has resigned from her position as Chief Financial Officer due to personal commitment and to spend time with her family.
The Company's Sponsor after having interviewed Ms Foo Hui Min, is not aware of any material reasons relating to her resignation as Chief Financial Officer of the Company which would have an adverse impact on 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of appointment to current position
Mar 4, 2008
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of independent directors currently resident in Singapore (taking this account this cessation)
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months
Chief Financial Officer and Company Secretary
Role and responsibilities
Responsible for overseeing all accounting, financial and corporate secretarial matters of the Group.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries
Shareholdings interest in the listed issuer and its subsidaries?
101,000 ordinary shares
Past (for the last 5 years)
Jason Korea Co., Ltd. (Resigned with effect from 12 October 2016)