Singapore Kitchen Equipment : Cessation Of Group Chief Financial Officer

CHANGE - ANNOUNCEMENT OF CESSATION::CESSATION OF GROUP CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager

SINGAPORE KITCHEN EQUIPMENT LIMITED

Securities

SINGAPORE KITCHEN EQUIPMENTLTD - SG2F97994568 - 5WG

Stapled Security

No

Announcement Details

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast

27- Jan-2022 16:52:21

Status

New

Announcement Sub Title

Cessation of Group Chief Financial Officer

Announcement Reference

SG220127OTHRPBEK

Submitted By (Co./ Ind. Name)

Chua Chwee Choo

Designation

Executive Director & Chief Executive Officer

Description (Please provide a detailed description of the event in the box below)

Cessation of Group Chief Financial Officer.

This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor are as follows:

Name: Ms Bao Qing (Registered Professional, RHT Capital Pte. Ltd.)

Address: 6 Raffles Quay, #24-02, Singapore 048580

Email: [e-mail]

Additional Details

Name Of Person

Serine Yeo Ngen Huay

Age

53

Is effective date of cessation known?

Yes

If yes, please provide the date

18/02/2022

Detailed Reason (s) for cessation

To pursue another career opportunity.

Based on its enquiries, the Company's sponsor RHT Capital Pte. Ltd. is satisfied that, saved as disclosed in this announcement, there is no other material reason for the cessation of Ms Serine Yeo Ngen Huay as Group Chief Financial Officer.

The Company is in the process of finding a replacement for the position of Group Chief Financial Officer and will make the necessary announcement when a suitable candidate is appointed.

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

01/09/2021

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)

3

Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months

4

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Appointed as Financial Controller on 4 June 2021 and re-designated to Group Chief Financial Officer on 1 September 2021

Role and responsibilities

Responsible for finance and accounting departments

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)

Nil

Present

Nil