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
15-Jan-2024 21:03:00
Status
New
Announcement Sub Title
CESSATION AS EXECUTIVE DIRECTOR
Announcement Reference
SG240115OTHRYHZU
Submitted By (Co./ Ind. Name)
ANTHONY LOH SIN HOCK
Designation
ACTING CHIEF EXECUTIVE OFFICER
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 Anthony Loh Sin Hock as an Executive Director of the Company with effect from 15 January 2024.

Additional Details

Name Of Person
ANTHONY LOH SIN HOCK
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
15/01/2024
Detailed Reason (s) for cessation
Mr Anthony Loh Sin Hock has resigned, together with certain other Directors, to afford the new Directors the opportunity to organise and make their plans (such as to procure a new exit offer and to endure that Auditors are appointed) so as to serve the best interest of the Company and its general body of shareholders.
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
11/11/2022
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Acting Chief Executive Officer
Chief Financial Officer
Role and responsibilities
Mr Loh was responsible for the overall management of 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?
No
Past (for the last 5 years)
ASTI (USA) Inc.
Dragon Microfits Sdn Bhd
Microview Technologies Sdn Bhd
Emerald Precision Engineering Sdn Bhd
Yumei Technologies Sdn Bhd
Yumei Reit Sdn Bhd
Telford Services (Melaka) Sdn Bhd
Telford Services Sdn Bhd
Reel Service Limited
Dragon Rises Limited
Telford Holding (HK) Limited
ASTI (HK) Ltd
Present
Telford Industries Pte Ltd
ASTI Holdings Limited
Asia Phoenix Angels Pte Ltd
Dragon D'illum Technologies Pte Ltd
SCM Solutions Pte Ltd
Sooner Technology Pte Ltd
Spire Technologies Pte Ltd