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IIRC, a FC is not really a niche profession (like that of a brain surgeon or litigation lawyer). A FC will need an accounting degree and experience in audit/account fields of work. I have a FC friend (abeit in the local unlisted subsidiary of a MNC) who doesn't even have a CFA.
So in conclusion, Koh Bro Eco's (ex) FC Chua must be one of those generational talents, where the Mgt spent so much time (9 months) trying to convince him to stay at the company. And he is that hard to replace, because there has been no suitable replacement in that time.
REPLY TO SGX QUERIES
It was disclosed in the Cessation Announcement that Mr Chua’s effective date of cessation is 15 October 2024. Why was the announcement only released on 22 Jan 2025 when Mr Chua had ceased to be the Financial Controller since 15 Oct 2024?
After Mr. Chua expressed his intention on 15 April 2024 to step down in order to pursue other interests, the Company was engaged in discussions with Mr. Chua regarding his resignation, to (amongst others) explore alternative work arrangements including for him to perform his function on a part-time basis.
The Company accepts that the non-disclosure of Mr. Chua’s cessation earlier was an inadvertent oversight on its part and had happened because the Company was engaged in discussions with Mr. Chua to explore alternative work arrangements and/or to continue as the Financial Controller of the Company on a contractual basis post-15 October 2024.
Despite several interviews with potential candidates thus far, the Company continues to search for a suitable replacement for the position of Financial Controller.
https://links.sgx.com/FileOpen/KBE-Reply...eID=831426
So in conclusion, Koh Bro Eco's (ex) FC Chua must be one of those generational talents, where the Mgt spent so much time (9 months) trying to convince him to stay at the company. And he is that hard to replace, because there has been no suitable replacement in that time.
REPLY TO SGX QUERIES
It was disclosed in the Cessation Announcement that Mr Chua’s effective date of cessation is 15 October 2024. Why was the announcement only released on 22 Jan 2025 when Mr Chua had ceased to be the Financial Controller since 15 Oct 2024?
After Mr. Chua expressed his intention on 15 April 2024 to step down in order to pursue other interests, the Company was engaged in discussions with Mr. Chua regarding his resignation, to (amongst others) explore alternative work arrangements including for him to perform his function on a part-time basis.
The Company accepts that the non-disclosure of Mr. Chua’s cessation earlier was an inadvertent oversight on its part and had happened because the Company was engaged in discussions with Mr. Chua to explore alternative work arrangements and/or to continue as the Financial Controller of the Company on a contractual basis post-15 October 2024.
Despite several interviews with potential candidates thus far, the Company continues to search for a suitable replacement for the position of Financial Controller.
https://links.sgx.com/FileOpen/KBE-Reply...eID=831426