Investor Relations
News
Change - Announcement Of Retirement Of A Non-Executive And Non-Independent Director
BackJan 30, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 30, 2023 23:25 |
| Status | New |
| Announcement Sub Title | Retirement of a Non-Executive and Non-Independent Director |
| Announcement Reference | SG230130OTHRLPW1 |
| Submitted By (Co./ Ind. Name) | Lim Say Chin |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the information below. This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 document. The contact person for the Sponsor is Mr Chua Hiang Hwee Jerry, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com. |
| Additional Details | |
| Name Of Person | GOI CHEW LENG |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/01/2023 |
| Detailed Reason (s) for cessation | Mr Goi Chew Leng ("Mr Goi"), who was retiring pursuant to Regulation 108 of the Company's Constitution, did not stand for re-election at the Company's Annual General Meeting ("AGM") held on 30 January 2023, retired as a Non-Independent and Non-Executive Director of the Company at the conclusion of the Company's AGM. Following his retirement, he also relinquishes his position as a member of the Audit Committee, Nominating Committee and Remuneration Committee. The Company would like to express its gratitude and appreciation towards Mr Goi's valuable contributions to the Board during his tenure. The Company's Sponsor, Evolve Capital Advisory Private Limited, having interviewed Mr Goi, is satisfied that, save as disclosed in the announcement, there are no material reasons for the retirement of Mr Goi as a Non-Executive and Non-Independent Director of the Company. |
| 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 | 22/12/2015 |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director, a member of the Audit Committee, Nominating Committee and Remuneration Committee. |
| Role and responsibilities | Non-Executive |
| 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? | Yes |
| Shareholding Details | 5,286,200 shares in AcroMeta Group Limited (Direct Interest) 66,130,645 shares in AcroMeta Group Limited through Ingenieur Holdings Pte. Ltd. (Deemed Interest) |
| Past (for the last 5 years) | NIL |
| Present | Ingenieur Holdings Pte Ltd |