| Announcement Title |
Change - Announcement of Cessation |
| Date & Time of Broadcast |
Dec 1, 2022 18:05 |
| Status |
New |
| Announcement Sub Title |
Cessation of Chairman and Independent Director |
| Announcement Reference |
SG221201OTHRX9LA |
| Submitted By (Co./ Ind. Name) |
Ong Tong Hai |
| Designation |
Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) |
Announcement of Cessation of Chairman and Independent Director |
| Additional Details |
| Name Of Person |
Low Beng Tin |
| Age |
72 |
| Is effective date of cessation known? |
Yes |
| If yes, please provide the date |
01/12/2022 |
| Detailed Reason (s) for cessation |
Mr. Low Beng Tin ("Mr Low") has decided to step down from the Board to facilitate board renewal. |
| 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 |
09/11/2005 |
| 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.) |
Chairman of the Board
Independent Director
Chairman of the RC
Member of the AC and NC |
| Role and responsibilities |
As the Chairman of the Board and member of the AC, NC and the RC. |
| 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) |
1. Agropak Engineering (S) Pte Ltd
2. Assimilated Technologies (S) Pte Ltd
3. SMF Centre For Corporate Learning Pte. Ltd.
4. Singapore Innovation And Productivity Institute Pte Ltd
|
| Present |
1. Lian Beng Group Ltd
2. Fuji Offset Plates Manufacturing Ltd
3. AAS Investment Holdings Pte. Ltd.
4. AAS @ 2KC Pte. Ltd.
5. Autoswift Recovery Pte. Ltd.
6. AAS @ Midview Pte. Ltd.
7. JP Nelson Holdings |
