Change - Announcement of Cessation::RETIREMENT OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
AOXIN Q & M DENTAL GRP LIMITED
Securities
AOXIN Q & M DENTAL GRP LIMITED - SG1DF9000000 - 1D4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Apr-2022 18:05:47
Status
New
Announcement Sub Title
RETIREMENT OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR
Announcement Reference
SG220412OTHRC0VZ
Submitted By (Co./ Ind. Name)
SHAO YONGXIN
Designation
EXECUTIVE DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg

Additional Details

Name Of Person
SAN YI LEONG @ TAN YI LEONG
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2022
Detailed Reason (s) for cessation
Mr. San Yi Leong @ Tan Yi Leong ("Mr. San") is subject to retirement pursuant to Regulation 117 of the Company's Constitution at the forthcoming Annual General Meeting to be held on 28 April 2022 and does not wish to seek for re-election to focus on balancing his family commitments with his private directorships.

After having interviewed Mr. San and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the retirement of Mr. San as a Non-Executive and Non-Independent 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?
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
01/03/2022
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
Non-Executive.

Mr. San was first appointed as Non-Executive Director on 23 March 2017 and was re-designated to Deputy CEO and Executive Director from 1 January 2019 till 28 February 2022. With effect from 1 March 2022, Mr. San was re-designated to Non-Executive and Non-Independent Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. San is the brother-in-law of Dr. Ng Chin Siau, Group Chief Executive Officer of Q & M Dental Group (Singapore) Limited, who is a deemed controlling shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
- Q & M Management & Consultancy Pte. Ltd.
- Quantumleap Healthcare Pte. Ltd.
- Q & M Dental (Shanghai) Pte. Ltd.
- Q & M Dental Holdings (Shenzhen) Pte. Ltd.
- Aidite (Qinhuangdao) Technology Co., Ltd. (China)
- Shenyang Q & M Management Consulting Co. Ltd.
- Acumen Diagnostics Pte. Ltd.
- Acumen Research Laboratories Pte. Ltd.
Present
- EM2Ai Pte Ltd (formerly known as Q & M Dental AI Pte. Ltd.)
- EM2Ai Sdn Bhd
- Q & M Dental (Shenyang) Pte. Ltd.
- Shanghai Q & M Investment Management & Consulting Co., Ltd.
- Shenyang Xinao Hospital Management Co., Ltd.
- Shenyang Quanxin Medical Equipment Leasing Co., Ltd.