Change - Announcement of Cessation::CESSATION AS INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
OIO HOLDINGS LIMITED
Securities
OIO HOLDINGS LIMITED - SGXE73993458 - KUX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-May-2024 18:10:45
Status
New
Announcement Sub Title
CESSATION AS INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG240514OTHRCRLT
Submitted By (Co./ Ind. Name)
YUSAKU MISHIMA
Designation
EXECUTIVE CHAIRMAN
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. Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Chong Kah Nam
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2024
Detailed Reason (s) for cessation
Mr Chong has decided to step down from his roles and responsibilities in the Company to pursue his other interests.

After having interviewed Mr. Chong and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no material reasons for the cessation of Mr. Chong as the Independent Non-Executive 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
18/02/2022
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)
2
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 Non-Executive Director, Chairman of the Audit Committee as well as member of the Remuneration Committee; and Nominating Committee.
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. First Eastern Capital Ltd, DIFC, Dubai, UAE
2. Siam Select Fund Ltd, Cayman Islands
Present
Nil