Change - Announcement of Cessation::CESSATION OF MR LIM SAY CHIN AS CHIEF EXECUTIVE OFFICER ("CEO")

Issuer & Securities

Issuer/ Manager
ACROMETA GROUP LIMITED
Securities
ACROMETA GROUP LIMITED - SG1CH1000006 - 43F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Feb-2025 21:26:10
Status
New
Announcement Sub Title
CESSATION OF MR LIM SAY CHIN AS CHIEF EXECUTIVE OFFICER ("CEO")
Announcement Reference
SG250227OTHRNCBC
Submitted By (Co./ Ind. Name)
Guo Jinyao Keith
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement is an update to the previous announcement ("Previous Announcement") made by AcroMeta Group Limited (the "Company") on 27 January 2025 at 23:31 (announcement reference: SG250127OTHRZWKU).

The effective date of cessation of Mr Lim Say Chin as CEO of the Company is 31 March 2025. Save for this, all other information set out in the Previous Announcement remains unchanged.

This announcement has been prepared by the Company and has been reviewed by the Company's Sponsor, W Capital Markets 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 announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Alicia Chang at 65 Chulia Street, #43-01, OCBC Centre, Singapore 049513, telephone (65) 6513 3525.

Additional Details

Name Of Person
Lim Say Chin
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2025
Detailed Reason (s) for cessation
On 27 January 2025, Mr Lim Say Chin has tendered his resignation as CEO of the Company to focus on his personal and financial commitments.

The Board has identified a potential candidate to take over Mr Lim Say Chin's duties as CEO, and will make the necessary announcement once the appointment is finalised.

Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Lim Say Chin as CEO 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
22/12/2015
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.)
CEO
Role and responsibilities
Mr Lim Say Chin overseas the project management, contract and procurement activities, human resources & admin and quality, environment, health and safety department of the Group.
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?
Yes
Shareholding Details
6,700,000 Shares in AcroMeta Group Limited (Direct Interest)
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil