Change - Announcement of Cessation::CESSATION AS INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
DRAGON GROUP INTL LIMITED
Securities
DRAGON GROUP INTL LIMITED - SG2C50963991 - MT1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jan-2024 18:03:52
Status
New
Announcement Sub Title
CESSATION AS INDEPENDENT DIRECTOR
Announcement Reference
SG240123OTHRW14I
Submitted By (Co./ Ind. Name)
SOH POCK KHENG
Designation
DIRECTOR
Description (Please provide a detailed description of the event in the box below)
The board of directors of the Company wishes to announce the resignation of Dato' Sri Mohd Sopiyan B Mohd Rashdi ("Dato' Sopiyan") in his capacity as Independent Director of the Company with effect from 23 January 2024. Effectively, Dato' Sopiyan also stepped down as the Chairman of the Audit Committee and member of the Remuneration and Nominating Committees.

Additional Details

Name Of Person
DATO' SRI MOHD SOPIYAN B MOHD RASHDI
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
23/01/2024
Detailed Reason (s) for cessation
Dato' Sopiyan is stepping down from his positions in the Company to make way for the new management team.
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
16/02/2011
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)
0
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.)
Lead Independent Director
Chairman of the Audit Committee
Member of the Remuneration & Nominating 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
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Dragon Group International Limited
ASTI Holdings Limited
PT Panpages Indonesia
Present
PT ENVY Technologies Indonesia Tbk
EoCell Limited
PT Dragon Terra Ventura
PT Orient Technology Indonesia
Advanced Systems Automation Limited