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

Issuer & Securities

Issuer/ Manager
CSOP INVESTMENTS VCC
Securities
ICBC CSOP FTSE CHN GOV BD ETFA - SGXC30293382 - CYX
ICBC CSOP FTSE CHN GOV BD ETF - SGXC34971074 - CYC
ICBC CSOP FTSE CHN GOV BD ETF - SGXC34971074 - CYB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Dec-2023 16:22:26
Status
New
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
SG231222OTHR6NIP
Submitted By (Co./ Ind. Name)
CSOP Asset Management Pte. Ltd.
Designation
Manager
Effective Date and Time of the event
22/12/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Ng Choe Yong as Executive Director.

Additional Details

Name Of Person
Ng Choe Yong
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2023
Detailed Reason (s) for cessation
Ng Choe Yong has tendered his resignation as Executive Director with notice to facilitate the Board renewal process. His last day in office as Executive Director will be 31 December 2023.
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
21/07/2020
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)
1
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.)
Executive Director
Role and responsibilities
Ng Choe Yong oversees the overall management and control of the Company and each Sub-Fund in accordance with the Constitution.
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)
CSOP Investments VCC
CSOP Investments II VCC
CSOP FTSE Indian Government Bond (FAR) Index ETF VCC
CSOP Alternative Strategy Fund SPC
Present
Nil