Change - Announcement of Cessation::Resignation of Executive Director and Business Development Director (China)

Issuer & Securities

Issuer/ Manager
ACESIAN PARTNERS LIMITED
Securities
ACESIAN PARTNERS LIMITED - SG1Q66923448 - 5FW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Mar-2023 23:24:09
Status
New
Announcement Sub Title
Resignation of Executive Director and Business Development Director (China)
Announcement Reference
SG230327OTHRH0EZ
Submitted By (Co./ Ind. Name)
Wong Kok Chye
Designation
Group Chief Operating Officer
Effective Date and Time of the event
27/03/2023 23:20:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Asian Corporate Advisors 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 announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Liau H.K., at 160 Robinson Road, #21-05 SBF Center, Singapore 068914, Telephone number: 6221 0271

Additional Details

Name Of Person
Qiu Jun
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
27/03/2023
Detailed Reason (s) for cessation
The Company agrees and accepts Mr. Qiu Jun's resignation received today, 27 March 2023, due to personal commitment.

After having interviewed Mr. Qiu Jun and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Qiu Jun as Execution Director and Business Development Director (China).
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
08/08/2018
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)
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.)
Executive Director and Business Development Director (China)
Role and responsibilities
He is responsible for sourcing and managing outsource partners in China and any other China related businesses.
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)
Great Tang Brothers (Nanyang) Investment Group Pte Ltd
Present
Kingman Trust Pte Ltd