Change - Announcement of Cessation::Cessation of Executive Director

Issuer & Securities

Issuer/ Manager
EXCELPOINT TECHNOLOGY LTD.
Securities
EXCELPOINT TECHNOLOGY LTD - SG1BF4000009 - BDF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jun-2021 19:32:15
Status
New
Announcement Sub Title
Cessation of Executive Director
Announcement Reference
SG210609OTHRVX75
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Herbert Kwok Fei Lung as Executive Director of the Company.

Additional Details

Name Of Person
Herbert Kwok Fei Lung
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
30/07/2021
Detailed Reason (s) for cessation
Retirement
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
28/09/2016
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.)
Executive Director
Role and responsibilities
Managing the Group's Hong Kong and China operations
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Husband of Ms. Ivy Chan Yuk Wah, Director of Excelpoint Systems (H.K.) Limited
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
441,900 ordinary shares
Past (for the last 5 years)
NIL
Present
NIL