Change - Announcement of Cessation::CESSATION AS NON-EXECUTIVE AND INDEPENDENT DIRECTOR
Issuer & Securities
ASTI HOLDINGS LIMITED
ASTI HOLDINGS LIMITED - SG1G77872271 - 575
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION AS NON-EXECUTIVE AND INDEPENDENT DIRECTOR
Submitted By (Co./ Ind. Name)
ANTHONY LOH SIN HOCK
DIRECTOR AND ACTING CEO
Description (Please provide a detailed description of the event in the box below)
The board of directors of the Company wishes to announce that Dato' Sri Mohd Sopiyan B Mohd Rashdi has resigned as a Non-executive and Independent Director of the Company with effect from 15 January 2024.
Name Of Person
DATO' SRI MOHD SOPIYAN B MOHD RASHDI
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Dato' Sri Mohd Sopiyan B Mohd Rashdi has resigned, together with certain other Directors, to afford the new Directors the opportunity to organise and make their plans (such as to procure a new exit offer and to endure that Auditors are appointed) so as to serve the best interest of the Company and its general body of shareholders.
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.)
Non-executive and Lead Independent Director
Audit Committee Chairman
Role and responsibilities
Non-executive and Independent Director
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?
Past (for the last 5 years)
ASTI Holdings Limited
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PT Dragon Terra Ventura
PT Orient Technology Indonesia
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