| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | ANNOUNCEMENT OF RESIGNATION OF GROUP CHIEF FINANCIAL OFFICER |
| Securities | SAPPHIRE CORPORATION LIMITED (SAPPCORP) |
| Date & Time of Broadcast | Sep 25, 2015 17:35 |
| Submitted By | Teh Wing Kwan Group Chief Executive Officer and Managing Director |
| Description | ANNOUNCEMENT OF RESIGNATION OF GROUP CHIEF FINANCIAL OFFICER |
| Cessation Details | |
| Name of person | JOSEPH LIM |
| Age | 43 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 30, 2015 |
| Detailed reason(s) for cessation | To pursue other career opportunities. |
| 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 | Oct 27, 2014 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this 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 | 1 |
| Job Title | Group Chief Financial Officer |
| Role and responsibilities | Manages and oversees the Group's finance and accounting functions. The existing acting Financial Controller, Winnie Wen (a qualified accountant), will continue to manage and oversee the Group's finance and accounting functions. Winnie Wen has joined the Group since May 2011. The Group will announce the new appointment of Group Chief Financial Officer in due course. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | None |
| Present | None |
