Change - Announcement of Cessation::CESSATION AS AN INDEPENDENT DIRECTOR OF THE COMPANY

Issuer & Securities

Issuer/ Manager
ASTI HOLDINGS LIMITED
Securities
ASTI HOLDINGS LIMITED - SG1G77872271 - 575
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-May-2023 17:12:06
Status
New
Announcement Sub Title
CESSATION AS AN INDEPENDENT DIRECTOR OF THE COMPANY
Announcement Reference
SG230517OTHRA6CY
Submitted By (Co./ Ind. Name)
Dr Kriengsak Chareonwongsak
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Company wishes to announce that Dato' Ahmad Rasidi B Hazizi ("Dato' Rasidi") has decided to resign as Independent Director of the Company.

Additional Details

Name Of Person
DATO' AHMAD RASIDI B HAZIZI
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
15/05/2023
Detailed Reason (s) for cessation
Dato' Rasidi has indicated that he is resigning from his position as an Independent Director of the Company due to health reasons.
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
30/11/2021
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
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.)
Non-executive and Independent Director
Nominating Committee Chairman
Audit Committee Member
Remuneration Committee Member
Role and responsibilities
Non-executive and Independent Director
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?
No
Past (for the last 5 years)
ASTI Holdings Limited
Present
Berjaya Group Berhad
Air Utara Indah Sdn. Bhd.