This printed article is located at http://telechoice.listedcompany.com/news.rev
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 7, 2023 19:37 |
| Status | New |
| Announcement Sub Title | Retirement of President and Chief Executive Officer |
| Announcement Reference | SG230707OTHRBF8C |
| Submitted By (Co./ Ind. Name) | Lai Wai Kit Andrew |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Please see below. |
| Additional Details | |
| Name Of Person | Lim Shuh Moh Vincent |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 14/10/2023 |
| Detailed Reason (s) for cessation | Mr Lim Shuh Moh Vincent joined TeleChoice International Limited ("TeleChoice") on 1 October 2013, and has decided to retire after leading TeleChoice for 10 years. The Board has accepted Mr Lim's decision to retire. The Board of TeleChoice expresses its appreciation to Mr Lim for his dedication and invaluable contribution during his tenure as President and Chief Executive Officer. |
| 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 | 01/10/2013 |
| 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) | 4 |
| 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.) | President and Chief Executive Officer |
| Role and responsibilities | Full executive responsibility for the running of the businesses, making operational decisions and implementing business directions, strategies and policies of TeleChoice and its subsidiaries. |
| 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 | Mr Lim has a direct interest in 2,611,233 shares in TeleChoice |
| Past (for the last 5 years) | NexWave Telecoms Pte. Ltd. TeleChoice Technologies (Shanghai) Co. Ltd N-Wave Technologies Philippines Inc. NxGen Inc NexWave Technologies Vietnam Company Limited |
| Present | NexWave Technologies Pte Ltd NxGen Communications Pte Ltd Planet Managed Services Pte. Ltd. Planet Smart Services Pte. Ltd. Planet Telecoms (S) Pte Ltd Radiance Communications Pte Ltd S & I Systems Pte Ltd Planet Telecoms Managed Services Sdn Bhd NxGen Malaysia Sdn Bhd N-wave Technologies (Malaysia) Sdn Bhd PT Nexwave (Commissioner) |