Change - Announcement of Cessation::Retirement of an Independent Director

Issuer & Securities

Issuer/ Manager
AZEUS SYSTEMS HOLDINGS LTD.
Securities
AZEUS SYSTEMS HOLDINGS LTD. - BMG075391109 - BBW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jul-2023 19:01:57
Status
New
Announcement Sub Title
Retirement of an Independent Director
Announcement Reference
SG230731OTHR8UV0
Submitted By (Co./ Ind. Name)
Lee Wan Lik
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Koji Miura as an Independent Director of the Company.

Additional Details

Name Of Person
Koji Miura
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2023
Detailed Reason (s) for cessation
Pursuant to Bye-Law 104 of the Company s Bye-Laws, Mr Koji Miura ("Mr Miura") is one of the directors to retire by rotation at the Annual General Meeting of the Company ("AGM") held on 31 July 2023.

Mr Miura has been with the Company since September 2004. In line with the new SGX regulation on the 9-year limit for Independent Director to serve on the Board and to facilitate Board renewal in the Company, Mr Miura has thus decided to retire from the Company.

Mr Koji has retired as Director at the conclusion of the AGM and concurrently ceased to be the Chairman of the Audit Committee and member of the Remuneration Committee.
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
14/09/2004
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee and Member of the Remuneration Committee.
Role and responsibilities
Responsibilities as an Independent Director, Chairman of the Audit Committee and Member of the Remuneration Committee.
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)
1) Marine Tec Tachibana Pte Ltd
2) Wave Life Sciences Pte Ltd
Present
1) Dotzu Singapore Pte Ltd
2) Matsuura Singapore Pte Ltd
3) Mercury Investment Holding Pte Ltd
4) Miura & Associates Management Consultants Pte Ltd
5) M. Janson Trading (S) Pte Ltd
6) Triple Farm Singapore Pte Ltd