Change - Announcement of Cessation::CESSATION OF VICE PRESIDENT OF FINANCE
Issuer & Securities
ADVANCED SYSTEMS AUTOMATION LIMITED
ADVANCED SYSTEMS AUTOMATION - SG2E65980228 - 5TY
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION OF VICE PRESIDENT OF FINANCE
Submitted By (Co./ Ind. Name)
DATO' MICHAEL LOH SOON GNEE
EXECUTIVE CHAIRMAN & CEO
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
Cessation of Vice President of Finance.
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGXST 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 Ms Tay Sim Yee (Tel: (65) 6532 3829) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.
Name Of Person
CHEE KIM HUEI
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other interests.
Based on its enquiries, the sponsor of the Company, SAC Capital Private Limited is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr Chee Kim Huei as Vice President of Finance 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Vice President of Finance
Role and responsibilities
Mr Chee was responsible for all corporate and financial matters within the Group including financial reporting, financial planning, treasury, taxation and liaision with financial institutions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
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