Change - Announcement of Cessation::Retirement of Non-Executive Director

Issuer & Securities

Issuer/ Manager
ASIA ENTERPRISES HOLDING LIMITED
Securities
ASIA ENTERPRISES HOLDING LTD - SG1S11926551 - A55
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Apr-2020 20:47:00
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG200408OTHRAEQQ
Submitted By (Co./ Ind. Name)
LEE YIH CHYI
Designation
MANAGING DIRECTOR
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Harmaidy as Non-Executive Director at the forthcoming Annual General Meeting of the Company.

Additional Details

Name Of Person
Harmaidy
Age
67
Is effective date of cessation known?
No
If No, please advise when the date will be announced
Mr Harmaidy will retire at the forthcoming Annual General Meeting of the Company to be held by 29 June 2020.
Detailed Reason (s) for cessation
Retirement as Director of the Company as part of board renewal.
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
22/07/2005
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and a member of Remuneration Committee
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Harmaidy is a substantial shareholder of the Company
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Harmaidy holds 18,539,650 shares of the Company, and is deemed to have an interest in the 21,332,375 shares held by Sin Hock Chong Company Private Limited
Past (for the last 5 years)
NIL
Present
- Director of Asia Enterprises (Private) Limited
- Director of Asia-Beni Steel Industries (Pte) Ltd
- Director of Sin Hock Chong Company Private Limited