Change - Announcement Of Cessation As Head Of Operations
BackJun 08, 2018
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Head of Operations |
| Securities | HG METAL MANUFACTURING LTD (HGMETALM) |
| Date & Time of Broadcast | Jun 8, 2018 17:10 |
| Submitted By | Foo Sey Liang Executive Director |
| Description | Please see the below. |
| Cessation Details | |
| Name of person | Tan Leong Chye |
| Age | 67 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Jun 11, 2018 |
| Detailed reason(s) for cessation | Mr Tan will relinquish his current role as Head of Operations as part of the re-organisation of the management team. Mr Tan is re-designated as General Manager - facilities and special project with effect from 11 June 2018 and will cease to be a key executive officer of 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 | Jan 30, 2015 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this 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 | 1 |
| Job Title | Head of Operations |
| Role and responsibilities | Mr Tan is responsible for operational planning and management, warehouse and logistic develop management, facilities management as well as implementing policies and maintain on Quality, Health, Safety and Environment. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | No |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | HG Yangon Company Limited |