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

Issuer & Securities

Issuer/ Manager
SEN YUE HOLDINGS LIMITED
Securities
SEN YUE HOLDINGS LIMITED - SG1M25902545 - 5BS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2021 22:02:15
Status
New
Announcement Sub Title
CESSATION AS INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG210430OTHR4GYH
Submitted By (Co./ Ind. Name)
Chee Yoh Chuang and Lin Yueh Hung
Designation
Interim Judicial Managers
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Lim Hui Ling, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Low Ka Choon Kevin
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2021
Detailed Reason (s) for cessation
Mr Low Ka Choon Kevin was not re-elected at the Annual General Meeting held on 30 April 2021.

After having interviewed Mr Low Ka Choon Kevin and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Low Ka Choon Kevin as Independent Non-Executive Director of the Company.
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?
Yes
If Yes, Please provide full details
Please refer to the announcements dated 27 April 2020, 29 April 2020, 4 May 2020, 22 May 2020, 18 June 2020, 29 December 2020, and 10 February 2021.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please refer to the announcements dated 27 April 2020, 29 April 2020, 4 May 2020, 22 May 2020, 18 June 2020, 29 December 2020, and 10 February 2021.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
09/04/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Nominating Committee and a member of Audit Committee and Remuneration Committee.
Role and responsibilities
Independent Non-Executive Director, Chairman of the Nominating Committee and a member of Audit Committee and Remuneration Committee.
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
1,000,000 ordinary shares
Past (for the last 5 years)
Director of:
IP Softcom (Xiamen) Co Ltd
IP Softcom (Australia) Pty Ltd
Present
Alternate Director of:
International Press Holdings Pte Ltd
Director of:
IPSCOM Pte Ltd.
IP Softcom (Malaysia) Sdn Bhd
IP Ventures Pte Ltd
IP Softcom (Shanghai) Co Ltd
Inpac Ventures Pte Ltd
IP Softcom (Shenzhen) Co Ltd
Greenfield Ventures (M) Sdn Bhd
IP Media (Xiamen) Co Ltd
IP Softcom (India) Pvt Ltd
Avantouch System Pte Ltd
Alternate Scantrans India Pvt Ltd
IPSCOM Supply Chain (Shanghai) Co Ltd
International Press Softcom (Vietnam) Co Ltd
Plan B Projects Pte Ltd
ZHCC Investment Holdings Limited