Change - Announcement of Cessation::Resignation of Independent Director
Issuer & Securities
ADVANCE SCT LIMITED
ADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Director
Submitted By (Co./ Ind. Name)
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Attlee Hue Kuan Yew as an Independent Director, RC Chairman, AC and NC member of the Company.
Name Of Person
Attlee Hue Kuan Yew
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Hue has decided to resign to undertake new ventures which would require his involvement and time.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, RC Chairman, AC and NC member
Role and responsibilities
Assumed the roles and responsibilities of an Independent Director, Remuneration Committee Chairman, member of Audit and Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Rick's F&B Ventures Pte. Ltd.
Asiasons WFG Capital Pte. Ltd.
AsiaEquity Partners Pte. Ltd.
Asiasons Consumer Ventures
Attilan Group Limited
Digimatic Group Ltd.
Ng Chong & Hue LLC
Tap Private Equity Pte. Ltd.
Tap Venture Fund I Pte. Ltd.
Tymely Corporate Services Pte