Change - Announcement of Cessation::RESIGNATION OF AN INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ACROMETA GROUP LIMITED
Securities
ACROMETA GROUP LIMITED - SG1CH1000006 - 43F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Oct-2022 07:24:39
Status
New
Announcement Sub Title
RESIGNATION OF AN INDEPENDENT DIRECTOR
Announcement Reference
SG221018OTHRLCSD
Submitted By (Co./ Ind. Name)
Lim Say Chin
Designation
Executive Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance 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 document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Joseph Au, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
ELAINE BEH PUR-LIN
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2022
Detailed Reason (s) for cessation
Ms Elaine Beh Pur-Lin ("Ms Beh") resigned as the Independent Director of the Company ("Resignation") to pursue personal interests and to facilitate board renewal.

Following the Resignation, Ms Beh will also cease to be the Chairman of the Nominating Committee, a member of the Audit Committee and the Remuneration Committee of the Company.

After having interviewed Ms Beh 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 Ms Beh as the Independent Director of the Company.
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
16/03/2016
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and the 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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest - 50,000 shares
Past (for the last 5 years)
Sanli Environmental Limited
Present
Directorship:
- Audience Analytics Limited
- Mun Siong Engineering Limited

Other Principal Commitments:
- Consultant, RHTLaw Asia LLP