News.
Change - Announcement Of Cessation As Chief Financial Officer
BackFeb 28, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 28, 2023 18:30 |
| Status | New |
| Announcement Sub Title | Cessation as Chief Financial Officer |
| Announcement Reference | SG230228OTHRES34 |
| Submitted By (Co./ Ind. Name) | Devika Rani Davar |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr. William Ng Wai Lim as Chief Financial Officer ("CFO") |
| Additional Details | |
| Name Of Person | William Ng Wai Lim |
| Age | 48 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2023 |
| Detailed Reason (s) for cessation | Mr. Ng has resigned for personal reasons. The Board wishes to thank Mr. William Ng Wai Lim for his service to 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? | 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 | 01/04/2022 |
| 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 | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | The CFO is responsible for Group finance and accounting functions including budgeting, financial planning, treasury, cash flow, credit and tax management and other general corporate and administrative functions. |
| 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? | No |
| Past (for the last 5 years) | NIL |
| Present | 1. Advanced Products Corporation Pte Ltd 2. GES (Singapore) Pte Ltd 3. Shanghai GES Information Technology Co., Ltd 4. Venture Electronics Spain S.L. 5. Venture International Pte. Ltd. 6. VIPColor Technologies Pte Ltd |
Attachments
- Attachment 1 (Size: 58,083 bytes)
