Change - Announcement of Cessation::Resignation of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
ASCENT BRIDGE LIMITED
Securities
ASCENT BRIDGE LIMITED - SG1AJ1000006 - AWG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-May-2024 18:18:07
Status
New
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Director
Announcement Reference
SG240527OTHRE1A5
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Richard Andrew Smith as Non-Executive and Non-Independent Director of the Company.

Additional Details

Name Of Person
Richard Andrew Smith
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
28/05/2024
Detailed Reason (s) for cessation
Mr Smith has tendered his resignation as Non-Executive and Non-Independent Director to reflect the appointment of Mr Luke Anthony Furler who is the liquidator of MTBL Global Fund which is the controlling shareholder 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
01/07/2021
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Nil
Present
Triton Growth Management Pte Ltd
Triton Aviation Services Pte Ltd
Reva Jewelry Pte Ltd
Triton Global Investments Ltd
Caledonian Advisory Services Pte Ltd