Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
AA GROUP HOLDINGS LTD.
Securities
AA GROUP HOLDINGS LTD. - SG1S12926576 - 5GZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jun-2016 17:34:39
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG160616OTHRUH2T
Submitted By (Co./ Ind. Name)
Hsieh, Kuo-Chuan@Jaimes Hsieh
Designation
Executive Chairman
Effective Date and Time of the event
16/06/2016 17:00:00
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, Stamford Corporate Services Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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. Bernard Lui, Telephone: +65 6389 3000, Email: bernard.lui@morganlewis.com

Additional Details

Name Of Person
Raymond Ong Sie Hou
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
16/06/2016
Detailed Reason (s) for cessation
To pursue other personal interest.
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
18/03/2016
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.)
Lead Independent Director, Chairman of Nominating Committee and Remuneration Committee, Member of Audit Committee.
Role and responsibilities
Lead Independent Director, Chairman of Nominating Committee and Remuneration Committee, Member of Audit Committee.
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?
No
Past (for the last 5 years)
1) Pacific Offshore Equipment Pte. Ltd.
Present
1) Kim Heng Offshore & Marine Holdings Limited
2) Sunvic Chemical Holdings Limited
3) Pegasus Offshore Pte. Ltd.