Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
ADVANCED HOLDINGS LTD.
Securities
ADVANCED HOLDINGS LTD. - SG1CD5000001 - BLZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Sep-2019 17:34:00
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG190916OTHRTNSA
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Chua Chee How as Chief Financial Officer of the Company.
On the effective date of cessation, Mr Chua Chee How will also cease his directorships in the subsidiaries of Advanced Holding Ltd. as listed below.

Additional Details

Name Of Person
Chua Chee How
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2019
Detailed Reason (s) for cessation
To pursue personal interest and other opportunities.
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
01/03/2017
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
The Group's overall finance, compliance, corporate governance and accounting functions.
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)
Advanced CAE Pte. Ltd.

Advanced CAE (ME) Control System L.L.C

Advanced CAE Saudi Arabia Company Limited

Advanced CAE, Inc

Advanced China Ventures Pte. Ltd.

Advanced Controls Pte Ltd

Advanced Process Equipment (Thailand) Co. Ltd.

Advanced Engineering Holdings Pte. Ltd.

Advanced Environmental Technologies Pte. Ltd.

Guided Wave Asia Pte. Ltd.

Guided Wave, Inc

ZMK Technologies GmbH

Two by Two Learning Centre Pte Ltd
Present
Nil