Change - Announcement of Cessation::Retirement of Independent Director at the Annual General Meeting

Issuer & Securities

Issuer/ Manager
AEM HOLDINGS LTD.
Securities
AEM HOLDINGS LTD - SG1BA1000003 - AWX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2022 18:29:09
Status
New
Announcement Sub Title
Retirement of Independent Director at the Annual General Meeting
Announcement Reference
SG220428OTHROQBO
Submitted By (Co./ Ind. Name)
Leong Sook Han
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Lavi Alexander Lev as Independent Director at the Annual General Meeting.

Additional Details

Name Of Person
Lavi Alexander Lev
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2022
Detailed Reason (s) for cessation
Mr. Lavi Alexander Lev ("Lavi") has decided not to seek re-election at the Annual General Meeting held on 28 April 2022 and retire as an Independent Director.

Following his retirement, Lavi will also cease to be the Chairman of the Nominating Committee and member of the Strategy Committee.
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
01/04/2019
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Role and responsibilities
Independent Director, Chairman of the Nominating Committee and member of the Strategy Committee
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
25,000
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments