Change - Announcement of Cessation::Cessation as Executive Director

Issuer & Securities

Issuer/ Manager
ASTI HOLDINGS LIMITED
Securities
ASTI HOLDINGS LIMITED - SG1G77872271 - 575
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2021 20:20:01
Status
New
Announcement Sub Title
Cessation as Executive Director
Announcement Reference
SG211130OTHRUZ6L
Submitted By (Co./ Ind. Name)
DATO' MICHAEL LOH SOON GNEE
Designation
EXECUTIVE CHAIRMAN & CEO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Company wishes to announce the resignation of Mr Lim Boon Liat Timothy as Executive Director of the Company with effect from 30 November 2021.

Additional Details

Name Of Person
LIM BOON LIAT TIMOTHY
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2021
Detailed Reason (s) for cessation
Mr Lim Boon Liat Timothy has resigned to focus on his other commitments.
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
16/01/2004
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for the human resource, MIS and administrative function for the Group.
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?
Yes
Shareholding Details
99,999 ordinary shares held in name of spouse.
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