AGV

Replace - Change - Announcement Of Cessation Of Mr Chng Weng Wah As Non-Executive Director

BackMay 23, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast May 23, 2017 18:19
Status Replace
Announcement Sub Title Cessation of Mr Chng Weng Wah as Non-Executive Director
Announcement Reference SG170522OTHR1R6M
Submitted By (Co./ Ind. Name) Tan Swee Gek
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Please refer to below details. Due to inadvertent administrative error, the details of past directorships had been truncated in the earlier announcement (No.SG1DB3000005-1A4).

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited, for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and 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 Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance who can be contacted at 16 Raffles Quay, #40-01A, Hong Leong Building, Singapore 048581, Telephone: (65) 6415 9886.
Additional Details
Name Of Person Chng Weng Wah
Age 54
Is effective date of cessation known? Yes
If yes, please provide the date 19/05/2017
Detailed Reason (s) for cessation To pursue personal interests

Based on it's enquiries, the Company's sponsor, Hong Leong Finance Limited, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Chng as a non-executive director of AGV Group Limited.
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 01/04/2016
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
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Director
Role and responsibilities Non-Executive
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 - 8,300,000 ordinary shares.
Deemed Interest - 8,000,000 ordinary shares.
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