Change - Announcement of Cessation::Resignation of Chief Financial Officer and Joint Company Secretary

Issuer & Securities

Issuer/ Manager
AEM HOLDINGS LTD.
Securities
AEM HOLDINGS LTD - SG1BA1000003 - AWX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2024 23:30:34
Status
New
Announcement Sub Title
Resignation of Chief Financial Officer and Joint Company Secretary
Announcement Reference
SG240228OTHR2S43
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Financial Officer ("CFO") and Joint Company Secretary

Additional Details

Name Of Person
Leong Sook Han
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
16/04/2024
Detailed Reason (s) for cessation
Ms. Leong Sook Han has resigned to pursue new interests.

In addition, there are no concerns with regard to the financial reporting that led to the departure of Ms. Leong Sook Han and there are no disagreements between the CFO and Joint Company Secretary and the Board of Directors of the Company with regard to practices that will have an impact to the Company's financial reporting.

The Company is in the midst of identifying a suitable and qualified replacement to fill the position of CFO (or equivalent rank). During the interim, the Company's Vice President, Group Finance, Ms. Lim Kim Hua, will assist in overseeing the finance function of the Group.
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
15/06/2020
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Joint Company Secretary
Role and responsibilities
Overall management of the Group's financial, secretarial, ESG and investor relations matters
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?
Yes
Shareholding Details
14,300 ordinary shares
Past (for the last 5 years)
1. Hong Leong Asia (Shanghai) Co., Ltd.
2. Airwell Air-conditioning (Asia) Company Limited
3. Airwell Air-conditioning (Hong Kong) Company Limited
4. Fedders Hong Kong Company Limited
5. HL Cement (HK) Limited
6. Ridge Star Limited
7. Well Summit Investments Limited
8. HL Cement (Labuan) Limited
9. HL Cement (Malaysia) Sdn. Bhd.
10. Fedders International Pte. Ltd.
11. Fedders Investment Holdings Pte. Ltd.
12. HL Granite Resources Pte. Ltd.
13. HL Technology Systems Pte Ltd
14. Hong Leong (China) Limited
15. Hong Leong Asia Investments Pte. Ltd.
16. Hong Leong Electric Pte Ltd
17. HS-HL Company Pte Ltd
18. Rex Holdings Pte Ltd
19. Rex Plastics Pte. Ltd.
20. Salvador Pte. Ltd.
21. Tasek Holdings Pte. Ltd
Present
1. AEM Singapore Pte. Ltd.
2. Iris Solution Pte. Ltd.
3. CEI Pte. Ltd.
4. AEM Microtronics (M) Sdn. Bhd.
5. Afore Oy
6. AEM International (US) Ltd
7. DB Design, Inc.
8. Wavem US Inc
9. AEM International (Korea) Ltd.
10. AEM Americas, Inc.
11. AEM TesTech Shanghai Co., Ltd.
12. Nestek Korea Co., Ltd.
13. NTP Korea Co., Ltd.