Change - Announcement of Cessation::Redesignation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
CAPTII LIMITED
Securities
CAPTII LIMITED - SG1BA0000004 - AWV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Aug-2017 17:59:40
Status
New
Announcement Sub Title
Redesignation of Chief Executive Officer
Announcement Reference
SG170829OTHRVKFL
Submitted By (Co./ Ind. Name)
Wong Tze Leng
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Redesignation of Chief Executive Officer to Executive Director

Additional Details

Name Of Person
Anton Syazi Ahmad Sebi
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2017
Detailed Reason (s) for cessation
Mr Anton will be relinquishing the role of Chief Executive Officer and redesignated as Executive Director of the Company.

Mr Anton has been redesignated to allow him to devote greater attention and focus on the corporate development activities at Advance Synergy Bhd ("ASB"), the Company's ultimate holding company, a main market listed company of Bursa Malaysia Securities Bhd, following his appointment as the Executive Deputy Chairman of ASB effective 1 September 2017

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
10/08/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Role and responsibilities
Responsible for implementation of corporate growth and development plans and strategies approved by the board and overall management of the Captii Limited Group of Companies.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Anton does not have any family relationship with any director and/or major shareholder of the Company, except that his father, Dato' Ahmad Sebi Bakar who is the Executive Chairman and major shareholder of ASB, the Group's ultimate holding company, a main market listed company on Bursa Malaysia Securities Berhad. His sister, Ms Aryati Sasya Dato' Ahmad Sebi, is also a Non-Independent Non-Executive Director of ASB.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest - 517,600 ordinary shares
Past (for the last 5 years)
Refer Appendix A
Present
Refer Appendix A

Attachments

Appendix A.pdf
Total size =204K