Change - Announcement of Cessation::CESSATION AS PRESIDENT OF TELFORD GROUP

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
28-Jun-2024 17:23:04
Status
New
Announcement Sub Title
CESSATION AS PRESIDENT OF TELFORD GROUP
Announcement Reference
SG240628OTHRVKG0
Submitted By (Co./ Ind. Name)
NG YEW NAM
Designation
Executive Director & CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of President of Telford Group.

Additional Details

Name Of Person
Lim Huat Leong
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2024
Detailed Reason (s) for cessation
Mr. Lim Huat Leong will be retiring as President of the Telford Group on 30 June 2024.
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
02/01/1993
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
9
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
"President, Telford Group"
Role and responsibilities
Mr. Lim was responsible for the business operations of the Telford Group.
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
1,576,802 Ordinary Shares
Past (for the last 5 years)
Nil
Present
Telford Industries Pte Ltd
Telford Service Sdn Bhd
Telford Service (Melaka) Sdn Bhd
Telford Service (Thailand) Co., Ltd
Telford Technologies (Shanghai) Pte Ltd
Telford Property Management, Inc
Telford Svc Phils., Inc
Reel Service (Phils), Inc