Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
APTT MANAGEMENT PTE. LIMITED
Securities
ASIAN PAY TELEVISION TRUST - SG2F77993036 - S7OU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jul-2024 23:31:29
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG240705OTHRMJE6
Submitted By (Co./ Ind. Name)
BRIAN MCKINLEY
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director who is also the Chairman of Nominating Committee and Members of Audit Committee and Remuneration Committee.

Additional Details

Name Of Person
Leong Shin Loong
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
15/07/2024
Detailed Reason (s) for cessation
Stepping down as part of Board renewal exercise to allow the Trustee-Manager to appoint new independent directors.
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
29/04/2013
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee and member of Audit Committee and Remuneration Committee
Role and responsibilities
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
2,225,000 units of Asian Pay Television Trust
Past (for the last 5 years)
Telesindo Shop Pte Ltd
Decat Sigma IT Systems Limited
Present
Decat Pte. Ltd.
Singapore Association of the Visually Handicapped