Change - Announcement Of Cessation Of Chief Financial Officer
BackJul 06, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 6, 2022 17:28 |
| Status | New |
| Announcement Sub Title | Cessation of Chief Financial Officer |
| Announcement Reference | SG220706OTHRUV1G |
| Submitted By (Co./ Ind. Name) | Lee Wei Hsiung |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Chief Financial Officer |
| Additional Details | |
| Name Of Person | Choo Boon Poh |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 22/08/2022 |
| Detailed Reason (s) for cessation | Mr Choo Boon Poh ("Mr Choo") had previously expressed his intention to leave the Company to pursue other opportunities. To ensure an orderly and smooth transition, the Board has since undertaken a search process for Mr Choo s replacement and has identified a suitable candidate. The new Chief Financial Officer ("CFO") will be joining the Company on 22 August 2022. Mr Choo has today tendered his resignation as CFO of the Company. His last day as CFO will be on 22 August 2022 and his last day of employment with the Company will be on 9 September 2022. An appropriate announcement on the appointment of the new CFO will be made in due course. |
| 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 | 15/11/2013 |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | Responsible for the financial accounting and reporting, capital management and compliance matters for IREIT Global and the Company. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | 1. IREIT Global Holdings Pte. Ltd. 2. IREIT Global Holdings 1 Pte. Ltd. 3. IREIT Global Holdings 2 Pte. Ltd. 4. IREIT Global Holdings 3 Pte. Ltd. 5. IREIT Global Holdings 4 Pte. Ltd. 6. IREIT Global Holdings 5 Pte. Ltd. (in liquidation) 7. IREIT Global Holdings 6 Pte. Ltd. 8. IREIT Global Investments Pte. Ltd. 9. IREIT Global Investments 1 Pte. Ltd. 10. IREIT Global Investments 2 Pte. Ltd. 11. IREIT Global Investments 3 Pte. Ltd. 12. IREIT Global Investments 4 Pte. Ltd. 13. Laughing Rock 1 B.V. 14. Laughing Rock 2 B.V. 15. Laughing Rock 3 B.V. 16. Laughing Rock 4 B.V. 17. Laughing Rock 5 B.V. 18. Laughing Rock 6 B.V. 19. Laughing Rock 7 B.V. 20. Laughing Rock 8 B.V. 21. Laughing Rock 9 B.V. 22. Laughing Rock 11 B.V. 23. Laughing Rock 12 B.V. 24. Laughing Rock 13 B.V. 25. Laughing Rock 14 B.V. |
