Change - Announcement of Cessation::Resignation of Toh Hock Ghim as Independent Director

Issuer & Securities

Issuer/ Manager
AGV GROUP LIMITED
Securities
AGV GROUP LIMITED - SG1DB3000005 - 1A4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Jan-2019 19:18:44
Status
New
Announcement Sub Title
Resignation of Toh Hock Ghim as Independent Director
Announcement Reference
SG190110OTHR6KA3
Submitted By (Co./ Ind. Name)
Lim Kok Meng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited, for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance who can be contacted at 16 Raffles Quay, #01-05, Hong Leong Building, Singapore 048581, Telephone: (65) 6415 9886.

Additional Details

Name Of Person
Toh Hock Ghim
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
09/01/2019
Detailed Reason (s) for cessation
To pursue his personal career and other interests.

The Company's sponsor, Hong Leong Finance Limited, after having interviewed Mr Toh Hock Ghim, is not aware of any other material reasons for the resignation of Mr Toh Hock Ghim as the Independent Director.
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
01/04/2016
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, AC Member, NC Chairman and RC Chairman
Role and responsibilities
Non-executive
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?
No
Past (for the last 5 years)
Kinergy Limited
We Holdings Ltd
JK Integrated Pte Ltd
JK Projects Ltd
Lifebrandz Ltd.
AGV Group Limited
Present
Equation Energy Pte Ltd
Equation Recycling Pte Ltd
NUHS Fund Limited
Precious Treasure Pte Ltd trading as the Fullerton Hotel
The Singapore International School Foundation Limited
DiSa Limited
FDG Kinetic Limited
CEFG International Limited