Change - Announcement of Cessation::Resignation of Non-Executive Director - Mr. Voon Seng Chuan

Issuer & Securities

Issuer/ Manager
SILVERLAKE AXIS LTD
Securities
SILVERLAKE AXIS LTD - BMG8226U1071 - 5CP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Oct-2019 17:45:52
Status
New
Announcement Sub Title
Resignation of Non-Executive Director - Mr. Voon Seng Chuan
Announcement Reference
SG191008OTHR7NNG
Submitted By (Co./ Ind. Name)
Priscilla Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director - Mr. Voon Seng Chuan

Additional Details

Name Of Person
Voon Seng Chuan
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2019
Detailed Reason (s) for cessation
Mr. Voon's resignation is due to his time commitment and increased responsibilities from his appointment as the Chairman for AmBank (M) Berhad in addition to his existing board membership.
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
01/07/2018
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and member of the Strategic Investment Committee.
Role and responsibilities
Duties of a Non-Executive Director, as well as duties as a member of Strategic Investment Committee as covered in the terms of reference.
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?
Yes
Shareholding Details
Direct interest - 3,400,000 ordinary shares in the share capital of the Company.
Past (for the last 5 years)
1. Silverlake International Ltd
2. Silverlake International (HK) Limited
3. Corporate Learning Consortium Sdn. Bhd.
Present
1. AMMB Holdings Berhad
2. Mesiniaga Berhad
3. AmBank (M) Bhd.