AGV

Change - Announcement Of Cessation Of Non-Executive Director

BackMar 23, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Mar 23, 2018 18:08
Status New
Announcement Sub Title Cessation of Non-Executive Director
Announcement Reference SG180323OTHR680L
Submitted By (Co./ Ind. Name) Tan Swee Gek
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) This announcement has been prepared by Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited, for compliance with the relevant rules of 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, #01-05, Hong Leong Building, Singapore 048581, Telephone: (65) 6415 9886.
Additional Details
Name Of Person Yeong Chun Song
Age 66
Is effective date of cessation known? Yes
If yes, please provide the date 23/03/2018
Detailed Reason (s) for cessation Due to personal and other work commitments.

The Company s sponsor, Hong Leong Finance Limited, after having interviewed Mr Yeong Chun Song, is not aware of any other material reasons for the cessation of Mr Yeong Chun Song as the Non-Executive 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? 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 22/01/2016
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
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
Role and responsibilities Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 5,120,000 shares in the Company
Past (for the last 5 years) Aloft Builders Pte Ltd
AGV Galvanizng (S) Pte. Ltd.
AGV Galvanizing (M) Sdn. Bhd.
Present MA Builders Pte Ltd
YAL Enterprise Pte. Ltd.