REPL::Change - Announcement of Cessation::CESSATION AS INDEPENDENT DIRECTOR AND ACTING CHAIRMAN
Issuer & Securities
Issuer/ Manager
DRAGON GROUP INTL LIMITED
Securities
DRAGON GROUP INTL LIMITED - SG2C50963991 - MT1
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jan-2024 18:09:33
Status
Replacement
Announcement Sub Title
CESSATION AS INDEPENDENT DIRECTOR AND ACTING CHAIRMAN
Announcement Reference
SG240123OTHRN6NU
Submitted By (Co./ Ind. Name)
SOH POCK KHENG
Designation
DIRECTOR
Description (Please provide a detailed description of the event in the box below)
The board of directors of the Company wishes to announce the resignation of Mr Chong Man Sui in his capacity as Director and Acting Chairman of the Company with effect from 22 January 2024. Effectively, Mr Chong Man Sui will also step down as the Chairman of the Remuneration Committee and member of the Audit and Nominating Committees.
Additional Details
Name Of Person
CHONG MAN SUI
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
22/01/2024
Detailed Reason (s) for cessation
Mr Chong Man Sui is stepping down from all of the positions in the Company to make way for the new management team.
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
03/09/2021
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive & Independent Director
Non-executive Acting Chairman
Remuneration Committee Chairman
Member of Audit & Nominating Committee
Role and responsibilities
Non-executive
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)
Dragon Group International Limited
Dragon Rises Limited
ASTI Holdings Limited
Acetech Solutions Limited
Smart Baylink Limited
Present
Spire Technologies Taiwan Co., Ltd
Asia Phoenix Angels Pte Ltd
Dragon D illum Technologies Pte Ltd
SCM Solutions Pte Ltd
Sooner Technology Pte Ltd
Spire Technologies Pte Ltd
Telford Service Sdn Bhd
Reel Service (UK)
Telford Industries Pte Ltd
Eocell Limited
DTB Limited
Advanced Systems Automation Limited
Fengshuang Holdings Ltd
Pixiu Holdings Ltd
ASTI HK Limited
KSMC Limited
Telford Holding HK Limited
Nanjing Dragon Tourism and Management Co., Ltd.
EoPlex Limited
Dragon Ventures Limited
Dragon Equipment and Materials Technology Ltd.
Jiangsu Longjiang Ship Building Co.,Ltd
Nanjing Dragon Treasure Boat Development Co., Ltd
Related Announcements
Related Announcements
23/01/2024 18:02:03