News
Change - Announcement Of Cessation Of The Chief Executive Officer Of A Subsidiary Of The Company
BackJul 18, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 18, 2024 18:25 |
| Status | New |
| Announcement Sub Title | CESSATION OF THE CHIEF EXECUTIVE OFFICER OF A SUBSIDIARY OF THE COMPANY |
| Announcement Reference | SG240718OTHRYCAX |
| Submitted By (Co./ Ind. Name) | VINCENT LIM HUI ENG |
| Designation | EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Chief Executive Officer of Omnisense Systems Private Limited - Mr Lim Siang Soon |
| Additional Details | |
| Name Of Person | Lim Siang Soon |
| Age | 53 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/09/2024 |
| Detailed Reason (s) for cessation | Mr Lim Siang Soon has tendered his resignation to pursue other interests. |
| 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 | 01/06/2016 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | CEO and Director of Omnisense Systems Private Limited, Officer of Omnisense Systems Branch Office Taiwan and President of Omnisense Systems USA Inc |
| Role and responsibilities | Carry out the responsibilities of a Chief Executive Officer of Omnisense Systems Private Limited (a subsidiary of the Company) |
| 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? | Yes |
| Shareholding Details | 31,716 shares or 8.76% in Omnisense Systems Private Limited (subsidiary) |
| Past (for the last 5 years) | 1) Chief Executive Officer of Omnisense Systems Private Limited 2) Director of Omnisense Systems Private Limited 3) Officer of Omnisense Systems Branch Office Taiwan 4) President of Omnisense Systems USA Inc |
| Present | 1) Chief Executive Officer of Omnisense Systems Private Limited 2) Director of Omnisense Systems Private Limited 3) Officer of Omnisense Systems Branch Office Taiwan 4) President of Omnisense Systems USA Inc |