Change – Announcement of Cessation::Cessation as Chief Executive Officer
Issuer & Securities
| Issuer/ Manager | COGENT HOLDINGS LIMITED |
| Securities | COGENT HOLDINGS LIMITED – SG1Z45953804 – KJ9 |
| Stapled Security | No |
Announcement Details
| Announcement Title | Change – Announcement of Cessation |
| Date & Time of Broadcast | 12-Dec-2014 17:37:47 |
| Status | New |
| Announcement Sub Title | Cessation as Chief Executive Officer |
| Announcement Reference | SG141212OTHRKE9R |
| Submitted By (Co./ Ind. Name) | Tan Min Cheow, Benson |
| Designation | Executive Director |
| Description (Please provide a detailed description of the event in the box below) |
Cessation as Chief Executive Officer |
Additional Details
| Name Of Person | Tan Yeow Khoon |
| Age | 60 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/01/2015 |
| Detailed Reason (s) for cessation | Mr Tan Yeow Khoon will relinquish his role as Chief Executive Officer of the Company. He shall remain in office as Executive Chairman and Director of the Company. This is to allow him to devote more time in the area of strategic planning and to identify and develop new business opportunities for the Cogent Group. |
| 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 | 09/02/2010 |
| 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 |
0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Executive Chairman and Chief Executive Officer |
| Role and responsibilities | Mr Tan Yeow Khoon is responsible for the strategic planning, to identify and develop new business opportunities for the Cogent Group. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries |
Mr Tan Yeow Khoon is the father of Mr Tan Min Cheow, Benson, Executive Director and Chief Executive Officer of the Company and the brother of Mr Tan Yeow Lam, Edwin, Managing Director of the Company |
| Shareholding interest in the listed issuer and its subsidiaries? |
Yes |
| Shareholding Details | Direct interest – 325,756,775 ordinary shares of the Company. Deemed interest – A total of 10,463,000 ordinary shares held by his spouse and Soon Hock Investment Group Pte Ltd, respectively. |
| Past (for the last 5 years) | Please refer to Appendix A |
| Present | Please refer to Appendix A |
| Attachments | Appendix_A_TYK.pdf Total size =11K |
Attachment: Appendix_A_TYK.pdf
