Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
ALPHA DX GROUP LIMITED
Securities
ALPHA DX GROUP LTD - SGXE43564132 - VVL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2022 22:03:44
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG221111OTHRD7XZ
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, Evolve Capital Advisory Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 details of the contact person for the Sponsor are:-
Name: Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address: 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906
Tel: (65) 6241 6626

Additional Details

Name Of Person
Michiko Koyano
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
09/11/2022
Detailed Reason (s) for cessation
Ms Michiko Koyano has resigned as an Independent Director due to personal reasons.

After having interviewed Ms Michiko Koyano and to the best of its knowledge, the Sponsor is satisfied that there are no other material reasons for the cessation of Ms Michiko Koyano as a 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?
Yes
If Yes, Please provide full details
Differences with CEO Mr Yamada on the administration, short lead time given when asking for approvals and the timeliness of certain disclosure and announcement of matters to shareholders. This unfortunately does not allow me to perform my role effectively as an Independent Director, moving forward.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
With health complications, it is no longer possible to fulfill my duties with the Company.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
22/03/2021
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, NC Chairman, AC Member, RC Member
Role and responsibilities
Fulfilling the roles and responsibilities of an Independent Director, NC Chairman, AC Member and RC Member.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
100,000 shares
Past (for the last 5 years)
Nil
Present
Nil