Change - Announcement of Cessation::Retirement from Group Chief Executive Officer Role - Andrew Tan Teik Wei

Issuer & Securities

Issuer/ Manager
SILVERLAKE AXIS LTD.
Securities
SILVERLAKE AXIS LTD. - SGXE58461943 - 5CP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2024 19:48:25
Status
New
Announcement Sub Title
Retirement from Group Chief Executive Officer Role - Andrew Tan Teik Wei
Announcement Reference
SG240628OTHR8E3I
Submitted By (Co./ Ind. Name)
TONG SHAN
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Retirement of Andrew Tan Teik Wei From The Group Chief Executive Officer role in the Company.

Additional Details

Name Of Person
Andrew Tan Teik Wei
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2024
Detailed Reason (s) for cessation
Retirement from Group Chief Executive Officer Role as part of the Company's leadership transition in line with succession planning of the Silverlake Axis Ltd. Group. This is to facilitate transition of new Group Chief Executive Officer to align with Silverlake Axis new financial year FY2025 in 1 July 2024.
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
27/10/2023
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Executive Officer
Role and responsibilities
Duties of Group Chief Executive Officer
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
17,065,738 shares of direct shareholding in Silverlake Axis Ltd.
Past (for the last 5 years)
No
Present
1. Silverlake Global Structured Services Pte. Ltd
2. Silverlakegroup Pte. Ltd.
3. PT. Structured Services
4. Silverlake Structured Services Sdn Bhd
5. Silverlake Sistem Sdn Bhd
6. Silverlake Adaptive Applications & Continuous Improvement Services Ltd.
7. Silverlake Adaptive Applications & Continuous Improvement Services (SG) Pte. Ltd.
8. Silverlake Holdings Sdn Bhd
9. Silverlake Axis MSC Sdn Bhd
10. Symmetric Payments & Integration Holdings Pte. Ltd.
11. Symmetric Payments & Integration Pte. Ltd.
12. Symmetric Payments & Integration Sdn Bhd
13. Silverlake Investment (SG) Pte. Ltd.
14. Silverlake Digital Economy Sdn Bhd
15. Silverlake Digitale Sdn Bhd
16. Silverlake One Paradigm Sdn Bhd
17. Silverlakke Symmetri (Singapore) Pte. Ltd.
18. Silverlake Symmetri (Malaysia) Sdn Bhd
19. Silverlake Symmetri Pakistan (PVT.) Limited
20. Fermion Pte. Ltd.
21. Silverlake Fermion Sdn Bhd
22. Fermion Labs Sdn Bhd (f.k.a. Merimen Automative Group Sdn Bhd)
23. Merimen Ventures Sdn Bhd
24. Merimen Online Sdn Bhd
25. Merimen Technologies (Singapore) Pte. Ltd.
26. PT. Merimen Technologies Indonesia
27. Merimen Technologies (Thailand) Co., Ltd
28. Merimen Technologies Hong Kong Limited
29. Merimen Technologies (Malaysia) Sdn Bhd
30. Merimen Technologies Japan K.K
31. Merimen Technologies FZE
32. Cyber Village Sdn Bhd
33. Affinities Village Sdn Bhd
34. QR Agoracloud Sdn Bhd
35. QR Retail Automation (Asia) Sdn Bhd
36. QR Technology Sdn Bhd
37. QR Retail Automation (S) Pte. Ltd.
38. Silverlake Axis Sdn Bhd
39. Silver Team Technology Limited
40. Silvirture Limited
41. SIA X Infotech Group
42. SIA X Infotech
43. X-Infotech Africa Limited
44. ALMA AB Systems Sdn Bhd
45. T.C.S Commercial Sdn Bhd
46. Sun Land Sdn Bhd
47. Zakti Strategic Design Sdn Bhd
48. Tan Mung Lee & Sons