Change - Announcement of Cessation::Resignation of Director
Issuer & Securities
AF GLOBAL LIMITED
AF GLOBAL LIMITED - SG1C01001033 - L38
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Director
Submitted By (Co./ Ind. Name)
Lim Swee Ann
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Meelan Gurung as an Independent Director of the Company.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Meelan Gurung will be employed by the Company's controlling shareholder Aspial Corporation Limited and hence not able to act as an Independent Director 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee.
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
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Acestoneworks Pte Ltd
Vinaconex Water Supply Joint Stock Company
Fresh Water Business & Construction Investment Joint Stock Company
UIS Asia Trading Pte Ltd