Change - Announcement of Cessation::CESSATION OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ASPEN (GROUP) HOLDINGS LIMITED
Securities
ASPEN (GROUP) HOLDINGS LIMITED - SG1DI2000001 - 1F3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Aug-2022 23:35:37
Status
New
Announcement Sub Title
CESSATION OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG220825OTHRW1WO
Submitted By (Co./ Ind. Name)
DATO' MURLY MANOKHARAN
Designation
PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Ching Chiat Kwong as a Non-Independent Non-Executive Director

Additional Details

Name Of Person
CHING CHIAT KWONG
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
25/08/2022
Detailed Reason (s) for cessation
Mr Ching Chiat Kwong ("Mr Ching") has resigned as a director of the Company as he is unable to allocate sufficient time and resources to perform his duties due to his other existing work commitments. The Board of Directors of the Company thanks Mr Ching for his contributions during his tenure of service.
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
25/05/2018
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)
1
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 Non-Executive Director
Role and responsibilities
Duties as a Non-Independent Non-Executive Director
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?
Yes
Shareholding Details
Deemed interest in 101,340,620 ordinary shares, representing 9.36% of the issued and paid up share capital of the Company held by Oxley Holdings Limited.
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments

AGH_Directorship_CCK.pdf
Total size =170K