Change - Announcement of Cessation::Resignation of Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
DATAPULSE TECHNOLOGY LIMITED
Securities
DATAPULSE TECHNOLOGY LIMITED - SG1CB7000003 - BKW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jul-2023 23:06:06
Status
New
Announcement Sub Title
Resignation of Non-Independent Non-Executive Director
Announcement Reference
SG230712OTHR82FW
Submitted By (Co./ Ind. Name)
Lau Yin Whai
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Non-Executive Director - Aw Cheok Huat

Additional Details

Name Of Person
Aw Cheok Huat
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
11/07/2023
Detailed Reason (s) for cessation
Mr. Aw Cheok Huat ("Mr. Aw") is stepping down as Non-Independent Non-Executive Director due to ongoing disagreements with another controlling shareholder on the strategic direction of the Company. The operations and interests of the Company will be severely affected by the continued disagreements to the detriment of all shareholders. In Mr. Aw's opinion, the Company is best served by not having a polarised Board.
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
15/08/2018
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.)
- Chairman of the Board and Non-Independent Non-Executive Director
- Member of Nominating Committee
Role and responsibilities
As Chairman of the Board, Mr. Aw is responsible for leading the Board and overseeing the overall direction and strategy of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
10,000 shares (direct interest)
41,921,533 shares (deemed interest)
5,000 warrants (direct interest)
Other Directorships
Past (for the last 5 years)
Public Company
1. ICP Ltd.

Private Company
1. Astral Nanotec Pte. Ltd. (dissolved)
2. Astral Ocular Pte. Ltd.
3. Astral Peptide Pte. Ltd. (struck off)
4. Astral QS Tech Pte. Ltd. (struck off)
5. Astraltec Pte. Ltd. (struck off)
6. Central City Hotels Pty Limited (deregistered)
7. Dynamar Holdings Pte. Ltd. (struck off)
8. Electech Distribution Systems Sdn Bhd
9. Electech Manufacturing Sdn Bhd
10. Eyetess Pte. Ltd. (struck off)
11. Goldtron Trading Pte. Ltd. (struck off)
12. ICP Asset Management Pte. Ltd.
13. ITE Electric Systems Co Pte. Ltd.
14. ITE Lumens Pte. Ltd.
15. MHI HK 1 Pte. Ltd.
16. MHI MY 1 Pte. Ltd.
17. MHI SG 1 Pte. Ltd.
18. Midscale Hotel Investments Pte. Ltd.
19. Moore Stephens Consultants Pte. Ltd.
20. MS Corporate Finance Pte. Ltd.
21. NattyPetz Pte. Ltd. (Formerly known as Grading Company Pte. Ltd.) (struck off)
22. Tiaro Coal Limited (in liquidation)
23. Travelodge Hotels (Asia) Pte. Ltd.
24. Travelodge Hotels Asia (IP) Pte. Ltd.
25. Travelodge Hotels India (IP) Pte. Ltd.
26. Valtron Technology Pte. Ltd. (struck off)

Partnership
1. Moore Stephens LLP
Present
Private Company
1. AceA Resources Pte. Ltd.
2. DISM Solutions Pte. Ltd.
3. M Data (Asia) Pte. Ltd.
4. Mercatus Equity Pte. Ltd.
5. Moore Singapore Consultants Pte. Ltd.
6. Paragon Coal Pty Ltd
7. Paragon Holdings Pte. Ltd.
8. Tiaro Energy Corporation Pty Limited
9. Travelodge (IP) Pty Limited
10. Tu Jin Hotels (IP) Pte. Ltd.
11. Tu Jin Hotels Pte. Ltd.
12. Walcourt Investments Limited

Partnership
1. M Aw Partnership