Change - Announcement of Cessation::CESSATION OF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
ADVANCED HOLDINGS LTD.
Securities
ADVANCED HOLDINGS LTD. - SG1T19929580 - 5IA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Sep-2014 18:03:44
Status
New
Announcement Sub Title
CESSATION OF EXECUTIVE OFFICER
Announcement Reference
SG140929OTHRP5EW
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Wong Sing Sing as Business Development Director, Offshore & Marine

Additional Details

Name Of Person
Wong Sing Sing
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
19/09/2014
Detailed Reason (s) for cessation
Resigned to pursue other personal interest.
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
01/03/2013
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)
2
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.)
Business Development Director, Offshore & Marine
Role and responsibilities
Develop new businesses in the marine and offshore industry and oversee the sales and marketing of the subsidiary, Applied Engineering Pte. Ltd.
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?
No
Past (for the last 5 years)
NA
Present
NA