Change - Announcement of Cessation::RESIGNATION OF EXECUTIVE DIRECTOR AND GROUP DEPUTY MANAGING DIRECTOR

Issuer & Securities

Issuer/ Manager
ALLIED TECHNOLOGIES LIMITED
Securities
ALLIED TECHNOLOGIES LIMITED - SG1O07910928 - A13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Dec-2017 17:58:06
Status
New
Announcement Sub Title
RESIGNATION OF EXECUTIVE DIRECTOR AND GROUP DEPUTY MANAGING DIRECTOR
Announcement Reference
SG171220OTHR6Y6K
Submitted By (Co./ Ind. Name)
Hsu Ching Yuh @ Sheu Ching Yuh
Designation
Chief Executive Officer and Group Managing Director
Description (Please provide a detailed description of the event in the box below)
Mr Soh has resigned as Executive Director and Group Deputy Managing Director of the Company to pursue his personal interest.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the SGX-ST, being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST and the Sponsor assume 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 Lee Chee Cheong, Associate Director, Investment Banking, Singapore. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone +65 63375115.

Additional Details

Name Of Person
Soh Weng Kheong
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
20/12/2017
Detailed Reason (s) for cessation
Mr Soh has resigned as Executive Director and Group Deputy Managing Director of the Company to pursue his personal interest.

The Company would like to express gratitude towards his effort and contribution during his tenure with 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
01/01/2006
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Group Deputy Managing Director
Role and responsibilities
Oversees the Group's strategic investment and corporate planning activities.
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
As at the date of announcement, Mr Soh holds 26,037,630 ordinary shares in the Company.
Past (for the last 5 years)
Allied Machineries (Shanghai) Co., Ltd.
Taicang Shanfeng Hardware Co., Ltd.
Taicang Nengfa Jingmao Weiye Fazhan Co., Ltd.
Allied Technologies (Dongguan) Co., Ltd.
Allied Precision Manufacturing (M) Sdn. Bhd.
Allied Technologies (Suzhou) Co., Ltd.
Yitong Precision Technology (Suzhou) Co., Ltd.
Allied Technologies (Saigon) Co., Ltd.
Present
Nil