Multi Chem : Resignation Of Chief Financial Officer

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

Issuer & Securities

Issuer/ Manager

MULTI-CHEM LIMITED

Securities

MULTI-CHEM LIMITED - SG1BA2000002 - AWZ

Stapled Security

No

Announcement Details

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast

13-Aug-2021 18:52:07

Status

New

Announcement Sub Title

Resignation of Chief Financial Officer

Announcement Reference

SG210813OTHRU6CD

Submitted By (Co./ Ind. Name)

Han Juat Hoon

Designation

Director

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

The Board of Directors of Multi-Chem Limited (the "Company" or together with its subsidiaries the "Group") wishes to announce that Mr Lim Kok Soon has resigned as the Chief Financial Officer of the Company with effect from 13 August 2021. The Board of Directors wishes to take this opportunity to thank Mr Lim Kok Soon for his contribution to the Group during his term of office as Chief Financial Officer of the Company.

Additional Details

Name Of Person

Lim Kok Soon

Age

45

Is effective date of cessation known?

Yes

If yes, please provide the date

13/08/2021

Detailed Reason (s) for cessation

To spend time with family and pursue own interests.

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

03/06/2011

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

0

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

Chief Financial Officer

Role and responsibilities

Responsible for the Group's financial reporting, finance and tax functions and works closely with internal and external auditors, tax agent and the bankers in performing his role.

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)

M.Tech Solutions (India) Private Limited

M.Tech Solutions (India) Private Limited

(Singapore Branch)

M.Tech Products Myanmar Limited

M.SaaS Lanka (Private) Limited

Present

M.Tech Products Philippines, Inc. Bancon Pte Ltd