Change - Announcement of Cessation::RESIGNATION OF NON - EXECUTIVE CHAIRMAN AND INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
AXINGTON INC.
Securities
AXINGTON INC - MYA010LA0136 - XHV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Jun-2024 00:31:42
Status
New
Announcement Sub Title
RESIGNATION OF NON - EXECUTIVE CHAIRMAN AND INDEPENDENT DIRECTOR
Announcement Reference
SG240615OTHRQSMA
Submitted By (Co./ Ind. Name)
Ang Chiang Meng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF INDEPENDENT DIRECTOR

This announcement has been reviewed by the Company s Sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name Of Person
Roberto Dona
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
20/06/2024
Detailed Reason (s) for cessation
Board reconstitution following the completion of the Proposed Acquisition on 14 June 2024.
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
14/07/2020
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman, Independent Director, Chairman of the NC and a member of the AC and RC.
Role and responsibilities
In accordance with the terms of reference of the respective Board committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Not applicable
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Social Green Mobility Srl
Present
Nil