Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
ADVANCE SCT LIMITED
Securities
ADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jun-2017 18:07:51
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG170607OTHRHMI3
Submitted By (Co./ Ind. Name)
Simon Eng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Ng Siew Hoong as an Independent Director. Following Mr. Ng's resignation, he shall cease as the Chairman of the Remuneration Committee and a member of each of the Audit and Nominating Committees.

Additional Details

Name Of Person
Ng Siew Hoong
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
07/06/2017
Detailed Reason (s) for cessation
Mr. Ng has resigned as an Independent Director due to personal reasons.
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
08/06/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, RC Chairman, AC member and NC member
Role and responsibilities
Assumed the roles and responsibilities of an Independent Director, Chairman of Remuneration Committee and a member of the Audit and Nominating Committees.
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
Past (for the last 5 years)
None
Present
Jubilee Industries Holdings Ltd.