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

Issuer & Securities

Issuer/ Manager
V2Y CORPORATION LTD.
Securities
V2Y CORPORATION LTD. - SGXE31442804 - V2Y
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jul-2023 19:56:55
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG230728OTHR8MY1
Submitted By (Co./ Ind. Name)
Ong Shen Chieh (Wang Shengjie)
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by
the Company and its contents have been
reviewed by the Company's Sponsor,
RHT Capital Pte. Ltd. (the "Sponsor") for
compliance with the relevant rules of the
Singapore Exchange Securities Trading
Limited (the "SGX-ST").

This announcement has not been examined
or approved by the SGX-ST and the SGX-ST
assumes no responsibility for the contents of
this announcement, including the correctness
of any of the statements or opinions made or
reports contained in this announcement.

The contact person for the Sponsor is Mr.
Khong Choun Mun (Registered Professional,
RHT Capital Pte. Ltd.) at 36 Robinson Road,
#10-06 City House, Singapore 068877,
sponsor@rhtgoc.com.

Additional Details

Name Of Person
Chue En Yaw
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
11/08/2023
Detailed Reason (s) for cessation
The Board has agreed to accept Mr Chue En Yaw's resignation as Independent and Non-Executive Director of the Company with effect from 11 August 2023 to focus on his existing principal commitments.

After having interviewed Mr Chue En Yaw and to the best of its knowledge, the Sponsor is satisfied that there are no other material reasons for the cessation of Mr Chue En Yaw as an Independent and Non-Executive Director of the Company.
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
28/06/2018
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)
3
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.)
Independent Non-Executive Director, AC Chairman, member of NC and RC.
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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,481,481 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
Please refer to the attached document marked Annexure A.

Attachments

Annexure A - List of Directorships for Chue En Yaw.pdf
Total size =234K