Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
AEDGE GROUP LIMITED
Securities
AEDGE GROUP LIMITED - SGXE57819042 - XVG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jan-2022 17:45:56
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG220107OTHRZ6ZF
Submitted By (Co./ Ind. Name)
Poh Soon Keng
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director.

This announcement has been prepared by Aedge Group Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Foo Der Rong
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
14/02/2022
Detailed Reason (s) for cessation
Mr Foo Der Rong ("Mr Foo") has tendered his resignation to avail himself with more time to pursue other personal interests.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Foo as the Executive Director (Corporate Development) 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?
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
24/03/2020
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director (Corporate Development).
Role and responsibilities
He is responsible for corporate development, mergers and acquisitions and strategic planning.
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?
No
Past (for the last 5 years)
Pavillon Holdings Ltd.
Present
Matex International Ltd
Noel Gifts International Ltd
SLB Development Ltd
Southern Lion Sdn Bhd
Tian International Pte Ltd