Change - Announcement of Cessation::Cessation of Non-Executive Director - Arnold Chan Ming Fai

Issuer & Securities

Issuer/ Manager
ALLIANCE MINERAL ASSETS LIMITED
Securities
ALLIANCE MINERAL ASSETSLIMITED - AU0000031270 - 40F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jul-2019 07:51:59
Status
New
Announcement Sub Title
Cessation of Non-Executive Director - Arnold Chan Ming Fai
Announcement Reference
SG190712OTHRWEZ1
Submitted By (Co./ Ind. Name)
Beverley Nichols
Designation
Company Secretary
Effective Date and Time of the event
11/07/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the Sponsor ) in accordance with Rules 226(2)(b) and 753(2) 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. The SGX-ST 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. Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and Email: sponsorship@ppcf.com.sg).

Additional Details

Name Of Person
Arnold Chan Ming Fai
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
11/07/2019
Detailed Reason (s) for cessation
Mr Arnold Chan Ming Fai did not seek re-election as a Director of the Company at the Company's extraordinary general meeting held today ("Meeting") in order to devote more time to his personal business commitments. Mr Arnold Chan accordingly resigned as a Director of the Company at the conclusion of the said Meeting.

The Board of the Company thanks Mr Chan for his contribution to the Company and wishes him well in his future endeavours.

After having interviewed Mr Arnold Chan and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that as disclosed in this announcement, there are no other material reasons for the cessation of Mr Arnold Chan as a Non-Executive Director.
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
14/12/2018
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and a Member of the Remuneration and Nominating Committee
Role and responsibilities
Roles and responsibilities as a Non-Executive Director and a Member of the Remuneration and Nominating Committee
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)
Burwill Holdings Limited
Present
China LotSynergy Holdings Limited