Change - Announcement of Cessation::Cessation of Mr Cheng Theng How as Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
LION ASIAPAC LIMITED
Securities
LION ASIAPAC LTD - SG1BD6000002 - BAZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2022 17:20:42
Status
New
Announcement Sub Title
Cessation of Mr Cheng Theng How as Non-Independent Non-Executive Director
Announcement Reference
SG221230OTHRMJLN
Submitted By (Co./ Ind. Name)
Gan Chi Siew
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Cheng Theng How as non-independent non-executive director, member of the Audit Committee, Nominating Committee and Remuneration Committee.

Additional Details

Name Of Person
Cheng Theng How
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2022
Detailed Reason (s) for cessation
Retirement of Mr Cheng Theng How as non-independent non-executive director, member of the Audit Committee, Nominating Committee and Remuneration Committee.
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
22/02/1997
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-independent non-executive director and member of the Audit Committee, Nominating Committee and 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
Bother of Tan Sri Cheng Heng Jem who is a non-independent non-executive director of the Company and deemed to be a substantial shareholder of the Company by virtue of his interests in AMB Venture Sdn Bhd and Omali Corporation Sdn Bhd.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
1. Angkasa Logistic Pte Ltd
2. Davolio Investment Pte Ltd
3. Farrar Investment Pte Ltd
4. Geldart Investment Pte Ltd
5. Haber Pte Ltd
6. Kobayashi Optical (S) Pte Ltd
7. LAP Development Pte. Ltd.
8. LAP Exploration Pte. Ltd.
9. LAP Investment Pte Ltd
10. LAP Trading & Marketing Pte. Ltd.
11. LDH Investment Pte Ltd
12. LDH (S) Pte Ltd
13. Masoni Investment Pte Ltd
14. Teranum Pte. Ltd. (struck off)
15. Willet Investment Pte Ltd
16. Zhongsin Biotech Pte Ltd
17. Amsteel Mills Sdn Bhd
18. Amsteel Mills Marketing Sdn Bhd
19. Angkasa Steel Sdn Bhd (dissolved)
20. Antara Steel Mills Sdn Bhd
21. Earl Resources Ltd
22. Shanghai LDH Management Consultant Co., Ltd.
23. Shanghai AMB Management Consulting Co Ltd
Present
1. Angkasa Daehan Steel Pte. Ltd.
2. Angkasa Steel Pte. Ltd.
3. Angkasa Welded Mesh Pte Ltd
4. Cornelian Star (S) Pte Ltd
5. Croydon Investment Pte Ltd
6. Farringdon Investment Pte Ltd
7. Holdsworth Investment Pte Ltd
8. Limerick Investment Pte Ltd
9. Renor Pte Ltd (in liquidation)
10. Rosemount Investment Pte Ltd
11. Angkasa Amsteel (M) Sdn Bhd
12. Jiangsu Qin Qin Group Co., Ltd.
13. Lion Asiapac Management Consultancy (Shanghai) Co., Ltd
14. Qingdao Croydon Investment Co., Ltd
15. Qingdao Rosemount Investment Co., Ltd
16. Shanghai Lion Asia Investment Consulting Co., Ltd
17. Tianjin Baden Real Estate Development Co., Ltd