Change - Announcement Of Cessation Of Chief Operating Officer Of Eurosports Technologies Pte Ltd
BackSep 27, 2019
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | CHIEF OPERATING OFFICER - EUROSPORTS TECHNOLOGIES PTE LTD |
| Securities | EUROSPORTS GLOBAL LIMITED (EUROSPORTS GBL) |
| Date & Time of Broadcast | Sep 27, 2019 19:57 |
| Submitted By | GOH KIM SAN EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER |
| Description | Please see attached. This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. This announcement has not been examined or approved by the SGX-ST. 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 contact person for the Sponsor is Mr Eric Wong, Director, Investment Banking, Singapore. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 63375115. |
| Cessation Details | |
| Name of person | CHANG CHUNG YHOW JOEL |
| Age | 41 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 30, 2019 |
| Detailed reason(s) for cessation | Cessation of officer due to expiring of employment contract. |
| 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 | Oct 1, 2017 |
| 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 | 2 |
| Job Title | Chief Operating Officer - Eurosports Technologies Pte Ltd |
| Role and responsibilities | Mr Joel Chang assisted the Chief Executive Officer of the Company in overseeing the operations, strategic growth and business development of Eurosports Technologies Pte Ltd, a wholly-owned subsidiary of the Company. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | N/A |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 340,000 ordinary shares of Eurosports Global Limited. |
| Past (for the last 5 years) | Prestige Cars Group Pte. Ltd. Sun Strategies Innovations Ltd. |
| Present | Bandit Live Pte. Ltd. Aetna Insurance Brokers Pte. Limited |
