Change - Announcement of Cessation::Resignation of Non-Independent and Non-Executive Director - Dato' Sri Mohd Sopiyan Bin Mohd Rashdi

Issuer & Securities

Issuer/ Manager
ADVANCED SYSTEMS AUTOMATION LIMITED
Securities
ADVANCEDSYSTEMS AUTOMATION - SGXE59672050 - WJ9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jun-2025 01:51:23
Status
New
Announcement Sub Title
Resignation of Non-Independent and Non-Executive Director - Dato' Sri Mohd Sopiyan Bin Mohd Rashdi
Announcement Reference
SG250620OTHRNRG8
Submitted By (Co./ Ind. Name)
LING CHUNG YEE
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Company wishes to announce the resignation of Dato Sri Mohd Sopiyan Bin Mohd Rashdi ("Dato Sopiyan") as Non-Independent and Non-Executive Director of the Company with effect from 19 June 2025.

The Company wishes to inform that this announcement has been prepared by the Company based on information available to the Company, and it has not obtained Dato Sopiyan's confirmation on the contents of this announcement. As at the date of this announcement, the Company's Sponsor has reached out to Dato Sopiyan but has not been able to conduct an exit interview with Dato Sopiyan.

This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. ("Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name Of Person
Dato Sri Mohd Sopiyan Bin Mohd Rashdi
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
19/06/2025
Detailed Reason (s) for cessation
On 19 June 2025, Dato Sopiyan tendered his resignation as Non-Independent and Non-Executive Director of the Company with immediate effect.

Whilst a resignation letter was handed to, and accepted by the Company, the Company has not received permission for publication of the same. Consequently, please instead refer to the Company's announcement on 17 June 2025 on the "Representations by Mr Seah Chong Hoe and Dato' Sri Mohd Sopiyan Bin Mohd Rashdi in relation to the Extraordinary General Meeting to be held on 19 June 2025".

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?
Yes
If Yes, Please provide full details
Please refer to the Company's announcement on 17 June 2025 on the "Representations by Mr Seah Chong Hoe and Dato' Sri Mohd Sopiyan Bin Mohd Rashdi in relation to the Extraordinary General Meeting to be held on 19 June 2025".
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please refer to the Company's announcement on 17 June 2025 on the "Representations by Mr Seah Chong Hoe and Dato' Sri Mohd Sopiyan Bin Mohd Rashdi in relation to the Extraordinary General Meeting to be held on 19 June 2025".
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please refer to the Company's announcement on 17 June 2025 on the "Representations by Mr Seah Chong Hoe and Dato' Sri Mohd Sopiyan Bin Mohd Rashdi in relation to the Extraordinary General Meeting to be held on 19 June 2025".
Date of Appointment to current position
23/08/2024
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director.
Role and responsibilities
Assumed the role and responsibilities as a Non-Independent and Non-Executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
EoCell Limited
Dragon Group International Limited
ASTI Holdings Limited
Present
PT Envy Technologies Indonesia TBK
PT Dragon Terra Ventura
PT Orient Technology Indonesia