Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
AEI CORPORATION LTD.
Securities
AEI CORPORATION LTD - SG1AJ1000006 - AWG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2019 08:43:29
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG191111OTHRW4T9
Submitted By (Co./ Ind. Name)
Lum Soh Ping
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director.

Additional Details

Name Of Person
Sinta Muchtar
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
11/11/2019
Detailed Reason (s) for cessation
To pursue own personal interest.
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
09/05/1989
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
In charge of the general administration, finance and human resource matters of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Spouse of Mr Tan Chu En Ian, Chief Executive Officer and Executive Director (who has also submitted his resignation).
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 909,207 shares in AEI Corporation Ltd.
Past (for the last 5 years)
None
Present
Lauw & Sons Holdings Pte Ltd
AEI Corporation (Singapore) Pte Ltd
AEI (China) Holdings Pte Ltd
AEI Trading and Investments Pte Ltd
3PLE1 Holdings Pte Ltd