News
Change - Announcement Of Cessation Of Financial Controller
BackMay 06, 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | ANNOUNCEMENT OF CESSATION OF FINANCIAL CONTROLLER |
| Securities | HUATIONG GLOBAL LIMITED (HUATIONG) |
| Date & Time of Broadcast | May 6, 2016 17:41 |
| Submitted By | Ng Kian Ann Patrick Executive Director and Chief Executive Officer |
| Description | Huationg Global Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 9 December 2014. The initial public offering of the Company (the "IPO") was sponsored by PrimePartners Corporate Finance Pte.Ltd. ("PPCF" or the "Sponsor"). This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Thomas Lam, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088. |
| Cessation Details | |
| Name of person | GOH TUCK PENG |
| Age | 45 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | May 6, 2016 |
| Detailed reason(s) for cessation | To pursue other career opportunities. Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Goh Tuck Peng as the Financial Controller of Huationg Global Limited. In addition, there are no concerns with regards to financial reporting that led to the resignation of the Company's Financial Controller and there are no disagreements between the Financial Controller and the Board of Directors of the Company with regards to practices that will have an impact to 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 | Apr 7, 2014 |
| 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) | 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 | FINANCIAL CONTROLLER |
| Role and responsibilities | Mr Goh Tuck Peng was responsible for the Group's financial and accounting matters and its compliance with financial reporting and regulatory requirements. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 250,000 ordinary shares in the Company |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | Nil |