REPL::Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager: ALLIED TECHNOLOGIES LIMITED
Securities: ALLIED TECHNOLOGIES LIMITED - SG1O07910928 - A13
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 01-Aug-2017 18:34:02
Status: Replacement
Announcement Sub Title: Resignation of Independent Director
Announcement Reference: SG170801OTHRCYOG
Submitted By (Co./ Ind. Name): Hsu Ching Yuh @ Sheu Ching Yuh
Designation: Chief Executive Officer and Group Managing Director
Effective Date and Time of the event: 01/08/2017 17:00:00
Description (Please provide a detailed description of the event in the box below): Mr Chuang has resigned as the Independent Director of the Company to pursue his personal interests.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist.

The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST and the Sponsor assume 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 Mr Lee Chee Cheong, Associate Director, Investment Banking, Singapore. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone +65 63375115.

Additional Details

Name Of Person: Chuang Shaw Peng
Age: 65
Is effective date of cessation known?: Yes
If yes, please provide the date: 01/08/2017
Detailed Reason (s) for cessation: Mr Chuang has resigned as the Independent Director of the Company to pursue his personal interests.
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: 23/03/2017
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): 3
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.): Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committee.
Role and responsibilities: Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committee.
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?: No
Past (for the last 5 years): Nil
Present: Bukit Timah View Property Pte Ltd
Senfu Realty Pte Ltd
Chuang Realty Pte Ltd
Tropical Builders Pte Ltd
SMIC Engineering (Asia) Pte Ltd
Chuang Uming Pte Ltd
Proplan Enterprise (M) Sdn Bhd
Chong Hin Rubber Sdn Bhd
Chuang Uming & Sons Sdn Bhd

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