Change - Announcement Of Resignation Of Chief Executive Officer And Director Of Intrawave Pte Ltd

BackJun 24, 2022
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jun 24, 2022 17:29
Status New
Announcement Sub Title Resignation of Chief Executive Officer and Director of Intrawave Pte Ltd
Announcement Reference SG220624OTHRU5W8
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 Chief Executive Officer and Director of Intrawave Pte Ltd.
Additional Details
Name Of Person Ong Sing Jye
Age 53
Is effective date of cessation known? Yes
If yes, please provide the date 31/08/2022
Detailed Reason (s) for cessation To pursue new endeavours in support of the Group's decision on Intrawave Pte Ltd's direction to discontinue its provisioning of Internet of Things solutions ("IoT").
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 08/03/2021
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 7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Executive Officer and Director of Intrawave Pte Ltd
Role and responsibilities Oversee all operational and management aspects of the Intrawave business including developing new / growth initiatives around ESG / IoT businesses.
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) Provenance Treasures Pte. Ltd.
Present Intrawave Pte Ltd