News
Change - Announcement Of Resignation Of Executive Chairman
BackSep 27, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 27, 2023 18:27 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Chairman |
| Announcement Reference | SG230927OTHRODPJ |
| Submitted By (Co./ Ind. Name) | Chong Eng Wee |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Executive Chairman, Mr. Lim Lung Tieng ("Mr. Lim") LHN Logistics Limited (the "Company") was listed on the Catalist board of the Singapore Exchange Securities Trading Limited ("SGX-ST") on 29 April 2022. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg |
| Additional Details | |
| Name Of Person | Lim Lung Tieng |
| Age | 45 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/09/2023 |
| Detailed Reason (s) for cessation | To make way for the new Board following the close of the voluntary conditional general offer. After having interviewed Mr. Lim and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Lim as the Executive Chairman. |
| 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 | 24/08/2021 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Chairman |
| Role and responsibilities | To provide guidance to the business development and overall management of the Group, in particular, business strategies and investment activities. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Amber 4042 Hotel Pte. Ltd. Automobile Pre Delivery Base Pte. Ltd. (Struck off) Getgo Technologies Pte. Ltd. Hean Nerng Logistics Pte. Ltd. HLA Container Holdings (Myanmar) Limited HLA Container Services (Myanmar) Limited HLA Container Services Pte. Ltd. HLA Holdings Pte. Ltd. HLA Logistics Pte. Ltd. LHN Automobile Pte. Ltd. (Struck off) LHN Logistics Sdn. Bhd. LHN Logistics Shared Services Sdn. Bhd. Motorway Automotive Pte. Ltd. Motorway Automotive Store Hub Pte. Ltd. (Struck off) MQ Furnishing Pte. Ltd. (Struck off) Nopest Pte. Ltd. (Struck off) |
| Present | 457 Balestier Pte. Ltd. 471 Balestier Pte. Ltd. 85 SOHO Apartel Limited 85Soho LHN (Cambodia) Co., Ltd. AMB Hotel Pte. Ltd. Astore Pte. Ltd. Axis A1 Properties (Cambodia) Co., Ltd. Axis Properties Ltd Chrysolite Industries Pte. Ltd. Chua Eng Chong Holdings Pte. Ltd. Coliwoo (Arab) Pte. Ltd. Coliwoo (BR) Pte. Ltd. Coliwoo (Geylang) Pte. Ltd. Coliwoo (Sin Ming) Pte. Ltd. Coliwoo (TK) Pte. Ltd. Coliwoo Balestier Pte. Ltd. Coliwoo Bugis Pte. Ltd. Coliwoo Dormitory Management Pte. Ltd. Coliwoo Holdings Pte. Ltd. Coliwoo Investments Pte. Ltd. Coliwoo Keppel Pte. Ltd. Coliwoo PP Pte. Ltd. Coliwoo Property Management Pte. Ltd. Coliwoo RV1 Pte. Ltd. Coliwoo RV2 Pte. Ltd. Emerald Properties Pte. Ltd. Erinite Properties Pte. Ltd. Four Star Industries Pte. Ltd. Greenhub Serviced Offices Yangon Ltd Greenhub Suited Offices Pte. Ltd. Greenhub Ventures Pte. Ltd. Hean Nerng Group Pte. Ltd. Hean Nerng Realty Pte. Ltd. HN Capital Ltd Industrial & Commercial Facilities Management Pte. Ltd. Jadeite Properties Pte. Ltd. Kelim & Co Pte. Ltd. Kelim Limo LHN Asset Management (Xiamen) Limited LHN Capital Pte. Ltd. LHN Energy Resources Pte. Ltd. LHN EVCO Pte. Ltd. LHN Facilities Management Pte. Ltd. LHN Group (China) Asset Management Pte. Ltd. LHN Group Pte. Ltd. LHN Group Shared Services Sdn Bhd LHN Holdings Ltd LHN Limited LHN Management Service (Nan An) Co. Ltd. LHN Management Services Pte. Ltd. LHN Mobility Pte. Ltd. LHN Parking (GMT) Pte. Ltd. LHN Parking HK Limited LHN Parking Pte. Ltd. LHN Properties Investments Pte. Ltd. LHN Residence Pte. Ltd. LHN SB 2 Pte. Ltd. LHN Space Resources Pte. Ltd. Metropolitan Parking (BTSC) Pte. Ltd. Metropolitan Parking Pte. Ltd. New Shiso Catering Pte. Ltd. PT Hean Nerng Group PT Hub Hijau Serviced Offices Singapore Handicrafts Pte. Ltd. Soon Wing Investments Pte. Ltd. The Bus Hotel Pte. Ltd. White Opal Properties Pte. Ltd. Work Plus Store (AMK) Pte. Ltd. Work Plus Store (Joo Seng) Pte. Ltd. Work Plus Store (Kallang Bahru) Pte. Ltd. Work Plus Store Pte. Ltd. WPS (TPY) Pte. Ltd. WPS KB Pte. Ltd. WPS Property Management Pte. Ltd. Yinson EV Charge - LHN Energy Pte. Ltd. Zircon Properties Pte. Ltd. |