Change - Announcement of Cessation::RETIREMENT OF DIRECTOR

Issuer & Securities

Issuer/ Manager
ASIASONS CAPITAL LIMITED
Securities
ASIASONS CAPITAL LIMITED - SG1P94920060 - 5ET

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2014 20:46:24
Status
New
Announcement Sub Title
RETIREMENT OF DIRECTOR
Announcement Reference
SG140428OTHRE2AZ
Submitted By (Co./ Ind. Name)
ELAINE WONG WEI SYN
Designation
JOINT COMPANY SECRETARY
Effective Date and Time of the event
28/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Dato' Mohammed Azlan Bin Hashim as Director cum Chairman of the Company.

Additional Details

Name Of Person
DATO' MOHAMMED AZLAN BIN HASHIM
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2014
Detailed Reason (s) for cessation
Dato' Mohammed Azlan Bin Hashim, the Non-Independent Non-Executive Chairman, has volunteered to retire as Director of the Company at the conclusion of the Company's Annual General Meeting to preserve a good corporate governance practice.
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
16/07/2007
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
1) Non-Independent Non-Executive Chairman;
2) Member of Audit Committee, Nominating Committee and Remuneration Committee
Role and responsibilities
1) Non-Independent Non-Executive Chairman;
2) Member of Audit Committee, Nominating Committee and Remuneration 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?
Yes
Shareholding Details
Asiasons Capital Limited
- 37,000,000
Past (for the last 5 years)
Please refer to the attached file
Present
Please refer to the attached file

Attachments

Directorship_DAH.pdf
Total size =189K