Change - Announcement of Cessation::CESSATION AS INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ASTI HOLDINGS LIMITED
Securities
ASTI HOLDINGS LIMITED - SG1G77872271 - 575
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Mar-2023 22:32:37
Status
New
Announcement Sub Title
CESSATION AS INDEPENDENT DIRECTOR
Announcement Reference
SG230321OTHRDTZI
Submitted By (Co./ Ind. Name)
DR KRIENGSAK CHAREONWONGSAK
Designation
NON-EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Company wishes to announce that Dr Daniel Yeoh Ghee Chong ("Dr Daniel Yeoh") has decided to resign as Independent Director of the Company.

Additional Details

Name Of Person
Daniel Yeoh Ghee Chong
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
20/03/2023
Detailed Reason (s) for cessation
Dr Daniel Yeoh has indicated that he is resigning from his position as an Independent Director of the Company due to personal commitments.
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
01/05/2018
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
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.)
Non-executive and Lead Independent Director
Audit Committee Chairman
Remuneration Committee Member
Nominating Committee Member
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
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
ASTI Holdings Limited
Consortio Services Pte Ltd
EoCell Limited
Dragon Group International Limited
DTB Limited
Present
Oilfield Offshore Services Sdn Bhd
Playpal Global Sdn Bhd
Novel Link Malaysia Sdn Bhd