Change - Announcement of Cessation::Resignation of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
MM2 ASIA LTD.
Securities
MM2 ASIA LTD. - SG1DC0000006 - 1B0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Jul-2025 22:53:57
Status
New
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Director
Announcement Reference
SG250729OTHR0K7E
Submitted By (Co./ Ind. Name)
Melvin Ang Wee Chye
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Jack Chia Seng Hee ("Mr Jack Chia") as Non-Executive and Non-Independent Director

Additional Details

Name Of Person
Jack Chia Seng Hee
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2025
Detailed Reason (s) for cessation
To facilitate the renewal of board after a year's transition with the three new independent directors appointed.
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
31/07/2024
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.)
Non-Executive and Non-Independent Director and member of Audit Committee
Role and responsibilities
Non-Executive and Non-Independent Director and member of Audit 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
Direct Interest -171,400
Other Directorships
Past (for the last 5 years)
1. Debao Property Development Limited
2. China Shenshan Orchard Holdings Co. Ltd
3. Jieyu Business Consulting (Chongqing) Limited Liability Company
4. CFM Holdings Limited
Present
1. CDW Holding Limited
2. Ying Li International Real Estate Limited
3. Jack Capital Pte. Ltd.