Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT DIRECTOR - MR. CHAN KENG HO ANDREW

Issuer & Securities

Issuer/ Manager
ADVANCE SCT LIMITED
Securities
ADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jul-2018 18:35:31
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT DIRECTOR - MR. CHAN KENG HO ANDREW
Announcement Reference
SG180720OTHRDIVS
Submitted By (Co./ Ind. Name)
Monica Kwok
Designation
VP
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Chan Keng Ho Andrew as an Independent Director, Chairman of Audit Committee and member of the Remuneration and Nominating Committees.

Additional Details

Name Of Person
Chan Keng Ho
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
20/07/2018
Detailed Reason (s) for cessation
Mr. Chan has resigned in view of potential changes in business directions and investment parameters. Following his resignation, Mr. Chan also ceases to be the Chairman of the Audit Committee and member of the Nominating and Remuneration Committees.
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
07/06/2017
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, AC Chairman, RC Member and NC Member
Role and responsibilities
Assume the roles and responsibilities of an Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committee.
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)
NIL
Present
NIL