Change - Announcement of Cessation::Cessation of Executive Director

Issuer & Securities

Issuer/ Manager
V2Y CORPORATION LTD.
Securities
V2Y CORPORATION LTD. - SGXE31442804 - V2Y
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Mar-2025 20:23:40
Status
New
Announcement Sub Title
Cessation of Executive Director
Announcement Reference
SG250305OTHREOAA
Submitted By (Co./ Ind. Name)
Ang Wei Yang Felix
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box 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. Lay Shi Wei at 160 Robinson Road, #20-01/02 SBF Center, Singapore 068914, telephone (65) 6241 6626.

Additional Details

Name Of Person
Ong Shen Chieh (Wang Shengjie)
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
14/03/2025
Detailed Reason (s) for cessation
Mr Ong Shen Chieh (Wang Shengjie) ("Mr Ong") has tendered his resignation as an Executive Director to pursue other opportunities.

After having interviewed Mr Ong and to the best of his knowledge, the Sponsor is satisfied that there are no other material reasons for the cessation of Mr Ong as an Executive 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
01/12/2020
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
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?
No
Past (for the last 5 years)
1. Elec & Eltek International Company Limited

2. Sakal Investments Limited
Present
1. V2Y Corporation Ltd.

2. V2Y Pte. Ltd.

3. V2Y Insurtech Pte. Ltd.

4. 1Care Global Pte. Ltd.

5. Investing Point VCC

6. Eindec Corporation Limited

7. Sakal Capital Pte. Ltd. (formerly known as Husk Life Pte. Ltd.)

8. Attika Group Ltd.