30 Apr 2020
Change - Announcement Of Resignation Of Chief Financial Officer ("CFO")
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2020 17:27 |
| Status | New |
| Announcement Sub Title | Resignation of Chief Financial Officer ("CFO") |
| Announcement Reference | SG200430OTHRS7HZ |
| Submitted By (Co./ Ind. Name) | Josephine Toh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of CFO |
| Additional Details | |
| Name Of Person | Tay Boon Zhuan |
| Age | 39 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 12/06/2020 |
| Detailed Reason (s) for cessation | To pursue other opportunities. Mr Tay will continue his role as CFO until 12th June 2020 to assist the incoming CFO during the transition period to ensure a smooth transition and handover of his duties. |
| 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 | 16/08/2018 |
| 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.) | Chief Financial Officer |
| Role and responsibilities | As Chief Financial Officer, Mr Tay was responsible for all matters relating to the finance and accounting functions including the review and implementation of corporate policies, regulatory compliance, risk management, financial planning and analysis, taxation, management accounting, budgeting and forecasting, corporate secretarial and legal matters. |
| 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. Intraco Foods Pte Ltd 2. Intraco International Pte. Ltd. 3. K.A Group Holdings Pte. Ltd. 4. K.A Fireproofing Pte. Ltd. 5. K.A Firelite Pte. Ltd. 6. K.A Fabric Shutters Pte. Ltd. 7. K.A Building Construction Pte Ltd 8. K.A Vermiculite Spray Sdn. Bhd. 9. Tat Hong Intraco Pte. Ltd. 10. Tat Hong Intraco Heavy Equipment Co, Ltd 11. Intraco International (Shanghai) Co., Ltd - Legal Representative |