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News
Change - Announcement Of Resignation Of Executive Director
BackApr 28, 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Resignation of Executive Director |
| Securities | FRENCKEN GROUP LIMITED (FRENCKEN) |
| Date & Time of Broadcast | Apr 28, 2016 17:13 |
| Submitted By | Toon Choi Fan Company Secretary |
| Description | Resignation of Executive Director |
| Cessation Details | |
| Name of person | Sim Mong Huat |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 28, 2016 |
| Detailed reason(s) for cessation | Due to an internal restructuring of the management of the Group, Mr Sim Mong Huat had resigned as Executive Director of the Company and he will continue to serve as an Executive Director with the Company's wholly-owned subsidiaries, ETLA Limited, ETLA Technology (Wuxi) Co., Ltd. and Frencken Mechatronics (M) Sdn. Bhd. |
| 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 | Jul 30, 2009 |
| 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 | 3 |
| Job Title | Executive Director |
| Role and responsibilities | Responsible for managing ETLA Limited and its subsidiaries strategic growth and business. |
| 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 | 767,000 ordinary shares in Frencken Group Limited |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | ETLA Limited ETLA Technology (Wuxi) Co., Ltd. Frencken Mechatronics (M) Sdn. Bhd. NYP Ventures Pte. Ltd. |