Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
MM2 ASIA LTD.
Securities
MM2 ASIA LTD. - SG1DC0000006 - 1B0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Dec-2017 18:20:25
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG171226OTHR4OBC
Submitted By (Co./ Ind. Name)
Melvin Ang Wee Chye
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Officer

Additional Details

Name Of Person
Chan Teck Kian
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
26/12/2017
Detailed Reason (s) for cessation
Due to the Group's restructuring, Mr. Chan Teck Kian has ceased as an Executive Officer of the Group. He remains as the Senior Manager, Business and Content Development, of mm2 Entertainment Sdn. Bhd.
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
20/11/2008
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)
3
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.)
Senior Manager, Business and Content Development of mm2 Entertainment Sdn. Bhd.
Role and responsibilities
Responsible for content development and managing mm2 Entertainment Sdn. Bhd.'s projects.
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
3,200 ordinary shares in the Listed Issuer
Past (for the last 5 years)
NIL
Present
mm2 Entertainment Sdn Bhd
mm2 Screen Management Sdn Bhd
mm2 Star Screen Sdn Bhd
Ascent Music Entertainment Sdn Bhd