Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Nov 14, 2023 17:54 |
Status | New |
Announcement Sub Title | Cessation as Chief Financial Officer and Company Secretary |
Announcement Reference | SG231114OTHRM0KD |
Submitted By (Co./ Ind. Name) | Ow Yew Heng |
Designation | Executive Director and Chief Executive Officer |
Description (Please provide a detailed description of the event in the box below) | Cessation of Ms Ng Kah Poh, Joanna as Chief Financial Officer and Company Secretary of the Company |
Additional Details | |
Name Of Person | Ng Kah Poh, Joanna |
Age | 45 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 01/01/2024 |
Detailed Reason (s) for cessation | Ms Ng Kah Poh, Joanna ("Ms Ng") had tendered her resignation as the Chief Financial Officer ("CFO") and Company Secretary of the Company to pursue other interests. Ms Ng is currently serving her notice period and her last day of employment is on 1 January 2024. She will work closely with the senior management and the finance team to ensure an orderly and smooth transition. There are no concerns with regards to financial reporting that led to the resignation of Ms Ng and there are no disagreements between Ms Ng and the Board of Directors of the Company with regards to practices that will have an impact on the Company's financial reporting. |
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 | 28/02/2023 |
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) | 2 |
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | CFO and Company Secretary |
Role and responsibilities | As Company Secretary, Ms Ng is responsible for the corporate secretarial matters of the Group. As CFO, she is responsible for the financial accounting and reporting of the Group's business. She also provides oversight of the Group's treasury functions and compliance with regulatory bodies as well as the day-to-day functioning of the finance and accounting operations, internal controls, taxation and financial reporting matters. |
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) | Directorships: Nil Other Principal Commitments: Nil |
Present | Directorships: - HSH Contractors Pte Ltd - Singapore Wallcoverings Centre (Private) Limited - Sir Stamford Hotels & Resorts Pte Ltd - Stamford Holdings (Australia) Pte. Ltd. - Stamford Land Pte. Ltd. - Stamford Land Management Pte Ltd - Voyager Travel Pte Ltd - Stamford Investments Pte. Ltd. - Stamford Holdings (International) Pte. Ltd. - Stamford Holdings (UK) Pte. Ltd. - Stamford FC (60) Pte. Ltd. - Stamford Land Development (Singapore) Pte. Ltd. - Stamford Land Development 1 Pte. Ltd. - Dickensian Holdings Ltd - Stamford Mayfair Limited - Stamford Residences Sydney (2011) Ltd as Trustee for Stamford Residences Sydney (2011) Trust - SLC Campsie Pty Ltd - Stamford Brisbane Investments Pty Ltd - Stamford Hotels and Resorts Pty Limited - Stamford Hotels Pty Ltd - Stamford Plaza Sydney Management Pty Limited - Stamford Raffles Pty Ltd - SPM Management (2020) Pty Ltd - Stamford Circular Quay Investments Pty Ltd - Stamford Hotel Management (NZ) Limited Other Principal Commitments: Nil |