Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | May 15, 2019 17:06 |
Status | New |
Announcement Sub Title | Cessation of Group Financial Controller |
Announcement Reference | SG190515OTHR2UU8 |
Submitted By (Co./ Ind. Name) | Wong Tze Leng |
Designation | Executive Chairman |
Description (Please provide a detailed description of the event in the box below) | Cessation of Group Financial Controller |
Additional Details | |
Name Of Person | Chin Wei Li |
Age | 49 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 15/05/2019 |
Detailed Reason (s) for cessation | To take up a role in the Executive Deputy Chairman's office of Advance Synergy Bhd, the ultimate holding company of the Group. |
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? | Yes |
If Yes, Please provide full details | Wei Li will continue to serve as Head of Human Resources of the Group and as a member of the investment office of Captii Ventures Pte Ltd. |
Date of Appointment to current position | 16/01/2001 |
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) | 1 |
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.) | Group Financial Controller and Head of Human Resources |
Role and responsibilities | Wei Li is responsible for the finance, accounting, reporting, risk management and Human Resources functions of the Group. |
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? | No |
Past (for the last 5 years) | None |
Present | Wei Li is a director of certain subsidiaries within the Group as listed below:- 1) Unified Communications (OHQ) Sdn Bhd 2) Unified Communications (OSS) Sdn Bhd 3) Adzentrum Sdn Bhd |