Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
AMPLEFIELD LIMITED
Securities
AMPLEFIELD LIMITED - SG1AG0000003 - AOF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jan-2025 07:31:14
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG250107OTHRKOTU
Submitted By (Co./ Ind. Name)
Woon Ooi Jin
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance 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 Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Prof. Ling Chung Yee
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
22/01/2025
Detailed Reason (s) for cessation
To pursue other professional commitments, Prof. Ling Chung Yee ("Prof. Ling") will be retiring from office upon the conclusion of forthcoming Annual General Meeting held on 22 January 2025. He will concurrently relinquish his position as a member of the Remuneration Committee, Audit Committee and Nominating Committee of the Company. There is no notice period for Prof. Ling's retirement. The Board would like to express its heartfelt gratitude towards Prof. Ling for his invaluable and significant contributions to the Company during his tenure of service.

After having interviewed Prof. Ling and to the best of its knowledge, the Sponsor is satisfied that save as disclosed in this
announcement, there are no other material reasons for the retirement of Prof. Ling as an Independent 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
14/03/2019
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)
1
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.)
Independent Director, Member of Audit Committee, Remuneration Committee and 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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Ley Choon Group Holdings Ltd., Debao Property Development Ltd., Vingroup JSC and Sino Grandness Food Industry Group Ltd.
Present
Advanced Systems Automation Ltd., Memiontec Holdings Ltd., Combine Will International Holdings Ltd., CASE Endowment Fund Governing Board, VinFast Auto Ltd., FollowTrade Pte. Ltd. and United Food Holdings Ltd.