Change - Announcement of Cessation::Announcement of Cessation of CEO

Issuer & Securities

Issuer/ Manager
AEM HOLDINGS LTD.
Securities
AEM HOLDINGS LTD - SG1BA1000003 - AWX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Apr-2020 17:27:50
Status
New
Announcement Sub Title
Announcement of Cessation of CEO
Announcement Reference
SG200401OTHREMLU
Submitted By (Co./ Ind. Name)
Soh Wai Kong
Designation
Joint Company Secretary
Effective Date and Time of the event
01/04/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mr. Chok Yean Hung will retire as CEO of the Company on 1 July 2020

Additional Details

Name Of Person
Chok Yean Hung
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2020
Detailed Reason (s) for cessation
Retirement
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
01/04/2018
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
CEO
Role and responsibilities
Executive - Overall management of the Group's strategy, business, operation and financial matters.
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?
Yes
Shareholding Details
Direct interest in AEM shares of 1,795,467 and 2,571,000 share options
Past (for the last 5 years)
None
Present
Singapore Semiconductor Industry Association
P3 Investment Pte Ltd
AEM Singapore Pte Ltd;
AEM China (S) Pte. Ltd;
AEM International (US) Ltd.;
AEM Microtronics (M) Sdn. Bhd.;
AEM Microtronics (Suzhou) Co. Ltd
Afore Oy
InspiRain Technologies Pte. Ltd.
IRIS Solution Pte Ltd
Novoflex Pte Ltd