News
Change - Announcement Of Cessation Of Executive Chairman And Director
30 Nov 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 30, 2023 19:31 |
| Status | New |
| Announcement Sub Title | Cessation of Executive Chairman and Director |
| Announcement Reference | SG231130OTHRTHMB |
| Submitted By (Co./ Ind. Name) | Mathew George Jordan |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | The Board of Directors wishes to announce the cessation of Mr. Wong Kok Khun as Executive Chairman and Director with effect from 30 November 2023. |
| Additional Details | |
| Name Of Person | Wong Kok Khun |
| Age | 57 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/11/2023 |
| Detailed Reason (s) for cessation | Mr. Wong Kok Khun ("Mr. Wong") has relinquished his position as a Director to focus on his other commitments. Following Mr. Wong's cessation as a Director, he will also cease to be a member of the Nominating Committee. |
| 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 | 15/06/2022 |
| 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) | 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 Chairman and Director and a member of Nominating Committee |
| Role and responsibilities | Executive Chairman and Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 500,000 ordinary shares |
| Past (for the last 5 years) | Aeqon Pte. Ltd. ARCO Pte. Ltd. Ascent Solutions Pte. Ltd. CamelOne Pte. Ltd. Corous360 Pte. Ltd. Epicsoft Asia Pte. Ltd. EXEO Global Ventures Pte. Ltd. FundTier Pte. Ltd. FundTier Holdings Pte. Ltd. Guud (Africa) Pte. Ltd. Guud (Source) Pte. Ltd. Play-E Pte. Ltd. Play-E (Taiwan) Pte. Ltd. Play-E Corporation Pte. Ltd. Playworks Pte. Ltd. |
| Present | 3rd Space Pte. Ltd. (as Chief Executive Officer) DeClout Pte. Ltd. DeClout Investments Pte. Ltd. Guud Pte. Ltd. Hexaton Capital Pte. Ltd. Mise En Plas Private Limited vCargo Cloud Pte. Ltd. |