Change - Announcement of Cessation::Voluntary Retirement of Executive Director - Andrew Tan Teik Wei

Issuer & Securities

Issuer/ Manager
SILVERLAKE AXIS LTD.
Securities
SILVERLAKE AXIS LTD. - SGXE58461943 - 5CP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Oct-2023 20:29:24
Status
New
Announcement Sub Title
Voluntary Retirement of Executive Director - Andrew Tan Teik Wei
Announcement Reference
SG231026OTHRYQ2M
Submitted By (Co./ Ind. Name)
Tong Shan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Voluntary Retirement of Andrew Tan Teik Wei as Executive Director of the Company.

Additional Details

Name Of Person
Andrew Tan Teik Wei
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
27/10/2023
Detailed Reason (s) for cessation
Voluntary Retirement from the Board of Directors of Silverlake Axis Ltd. due to board restructuring to comply with the Code of Corporate Governance 2018, Provision 2.2 and will be re-designated as Group Chief Executive Officer with no change in job scope and function.
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
01/07/2019
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Group Managing Director
Role and responsibilities
Duties of an Executive Director and Group Managing Director
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
14,000,000 shares of direct shareholding in Silverlake Axis Ltd.
Past (for the last 5 years)
Nil
Present
1. Silverlake Axis Ltd.
2. Silverlake Global Structured Services Pte. Ltd
3. Silverlakegroup Pte. Ltd.
4. PT. Structured Services
5. Silverlake Structured Services Sdn Bhd
6. Silverlake Sistem Sdn Bhd
7. Silverlake Adaptive Applications & Continuous Improvement Services Ltd.
8. Silverlake Adaptive Applications & Continuous Improvement Services (SG) Pte. Ltd.
9. Silverlake Holdings Sdn Bhd
10. Silverlake Axis MSC Sdn Bhd
11. Symmetric Payments & Integration Holdings Pte. Ltd.
12. Symmetric Payments & Integration Pte. Ltd.
13. Symmetric Payments & Integration Sdn Bhd
14. Silverlake Investment (SG) Pte. Ltd.
15. Silverlake Digital Economy Sdn Bhd
16. Silverlake Digitale Sdn Bhd
17. Silverlake One Paradigm Sdn Bhd
18. Silverlakke Symmetri (Singapore) Pte. Ltd.
19. Silverlake Symmetri (Malaysia) Sdn Bhd
20. Silverlake Symmetri Pakistan (PVT.) Limited
21. Fermion Pte. Ltd.
22. Silverlake Fermion Sdn Bhd
23. Fermion Labs Sdn Bhd (f.k.a. Merimen Automative Group Sdn Bhd)
24. Merimen Ventures Sdn Bhd
25. Merimen Online Sdn Bhd
26. Merimen Technologies (Singapore) Pte. Ltd.
27. PT. Merimen Technologies Indonesia
28. Merimen Technologies (Thailand) Co., Ltd
29. Merimen Technologies Hong Kong Limited
30. Merimen Technologies (Malaysia) Sdn Bhd
31. Merimen Technologies Japan K.K
32. Merimen Technologies FZE
33. Cyber Village Sdn Bhd
34. Affinities Village Sdn Bhd
35. QR Agoracloud Sdn Bhd
36. QR Retail Automation (Asia) Sdn Bhd
37. QR Technology Sdn Bhd
38. QR Retail Automation (S) Pte. Ltd.
39. Silverlake Axis Sdn Bhd
40. Silver Team Technology Limited
41. Silvirture Limited
42. SIA X Infotech Group
43. SIA X Infotech
44. X-Infotech Africa Limited
45. ALMA AB Systems Sdn Bhd
46. T.C.S Commercial Sdn Bhd
47. Sun Land Sdn Bhd
48. Zakti Strategic Design Sdn Bhd
49. Tan Mung Lee & Sons