Change - Announcement of Cessation::Cessation of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
ASCENT BRIDGE LIMITED
Securities
ASCENT BRIDGE LIMITED - SG1AJ1000006 - AWG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2024 19:28:18
Status
New
Announcement Sub Title
Cessation of Chief Operating Officer
Announcement Reference
SG240531OTHR4TWW
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Wu Yunwei as Chief Operating Officer of the Company.

Additional Details

Name Of Person
Wu Yunwei
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
01/06/2024
Detailed Reason (s) for cessation
Ms Wu has tendered her resignation as Chief Operating Officer with notice, to pursue her self-interest and personal goals. Her cessation as COO will take effect from 1 June 2024.

Her duties and responsibilities are covered by Ms Haze Shi who is the head of CEO's office as well as managerial staff of various functions of the Group for efficiency in the operations and optimization of manpower resources.
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
03/01/2023
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Ms Wu is responsible for day-to-day administrative and all operational functions 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?
No
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil