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

Issuer & Securities

Issuer/ Manager
ASL MARINE HOLDINGS LTD.
Securities
ASL MARINE HOLDINGS LTD - SG1N25909283 - A04
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Dec-2024 17:32:00
Status
New
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Director
Announcement Reference
SG241220OTHRTRCR
Submitted By (Co./ Ind. Name)
Koh Kai Kheng Irene
Designation
Group Financial Controller
Effective Date and Time of the event
20/12/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive and Non-Independent Director

Additional Details

Name Of Person
Andre Yeap Poh Leong
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
20/12/2024
Detailed Reason (s) for cessation
Mr. Andre Yeap has served the Board for more than 20 years. He resigned to relinquish directorship in support of good corporate governance practice on Board renewal and rejuvenation.
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
17/01/2003
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)
2
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.)
Non-executive and Non-independent Director, member of the Audit Committee, the Nominating Committee and the Remuneration Committee.
Role and responsibilities
Non-executive and Non-independent Director, member of the Audit Committee, the Nominating Committee and the Remuneration 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?
Yes
Shareholding Details
Mr. Andre Yeap hold 350,000 ordinary shares in the Company.
Past (for the last 5 years)
Director of The Esplanade Co Ltd
Present
Nil