Investor Relations ASL Marine Holdings Ltd
News
Change - Announcement Of Resignation Of Non-Executive And Non-Independent Director
BackDec 20, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 20, 2024 17:32 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Executive and Non-Independent Director |
| Announcement Reference | SG241220OTHRTRCR |
| Submitted By (Co./ Ind. Name) | Koh Kai Kheng Irene |
| Designation | Group Financial Controller |
| Effective Date and Time of the event | 20/12/2024 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Non-Executive and Non-Independent Director |
| Additional Details | |
| Name Of Person | Andre Yeap Poh Leong |
| Age | 63 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 20/12/2024 |
| Detailed Reason (s) for cessation | Mr. Andre Yeap has served the Board for more than 20 years. He resigned to relinquish directorship in support of good corporate governance practice on Board renewal and rejuvenation. |
| 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 | 17/01/2003 |
| 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) | 2 |
| 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.) | Non-executive and Non-independent Director, member of the Audit Committee, the Nominating Committee and the Remuneration Committee. |
| Role and responsibilities | Non-executive and Non-independent Director, member of the Audit Committee, the Nominating Committee and the Remuneration Committee. |
| 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? | Yes |
| Shareholding Details | Mr. Andre Yeap hold 350,000 ordinary shares in the Company. |
| Past (for the last 5 years) | Director of The Esplanade Co Ltd |
| Present | Nil |