Change - Announcement of Cessation::CESSATION AS DIRECTOR

Issuer & Securities

Issuer/ Manager
DYNA-MAC HOLDINGS LTD.
Securities
DYNA-MAC HOLDINGS LTD. - SG2C93967918 - NO4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Dec-2024 23:53:07
Status
New
Announcement Sub Title
CESSATION AS DIRECTOR
Announcement Reference
SG241218OTHR2SLD
Submitted By (Co./ Ind. Name)
Kim Jinmyung
Designation
Director
Description (Please provide a detailed description of the event in the box below)
CESSATION AS DIRECTOR

Additional Details

Name Of Person
Lim Ah Cheng
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
17/12/2024
Detailed Reason (s) for cessation
Mr Lim Ah Cheng has tendered his resignation as a 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?
Yes
If Yes, Please provide full details
There are no unresolved differences in opinion on material matters between Mr. Lim and the board of directors including matters which would have a material impact on the group or its financial reporting. However, as disclosed in the Company's announcement on 16 December 2024, the amount of payments due to Mr. Lim on termination of his employment as Executive Chairman and Chief Executive Officer of the Company on 16 December 2024 is under discussion and will be finalised between the Company and Mr. Lim in due course.
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
01/03/2020
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
Role and responsibilities
Nil
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)
Executive Director of Keppel Sea Scan Pte Ltd & Green Scan Pte Ltd
Dyna-Mac Holdings Ltd.
Dyna-Mac Engineering Services Pte Ltd
Dyna-Mac Offshore Services Pte. Ltd.
Dyna-Mac Solutions Pte. Ltd.
Present
Nil