Change - Announcement of Cessation::Relinquishment of Managing Director

Issuer & Securities

Issuer/ Manager
AUSGROUP LIMITED
Securities
AUSGROUP LIMITED - SG1R38924838 - 5GJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Feb-2019 18:31:19
Status
New
Announcement Sub Title
Relinquishment of Managing Director
Announcement Reference
SG190213OTHRU1C2
Submitted By (Co./ Ind. Name)
Christian Johnstone
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Relinquishment of Mr Eng Chiaw Koon as Managing Director of the Company.

Additional Details

Name Of Person
Eng Chiaw Koon
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
13/02/2019
Detailed Reason (s) for cessation
Relinquishment of Mr Eng as Managing Director of the Company but will remain 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
13/02/2016
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)
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.)
Managing Director and Executive Director
Role and responsibilities
As the Managing Director of the Company, Mr Eng is responsible for strategic planning, overall day-to-day management and operation of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
7,500,000 options
Past (for the last 5 years)
None
Present
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