AGV

Change - Announcement Of Cessation Of Administrative Manager

BackJul 27, 2018
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Cessation of Administrative Manager
Securities AGV GROUP LIMITED (AGV)
Date & Time of Broadcast Jul 27, 2018 17:51
Submitted By Tan Swee Gek
Company Secretary
Description 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.
Cessation Details
Name of person Chen Chung Ling
Age 51
Is effective date of cessation known? Yes
Effective date for cessation Jul 27, 2018
Detailed reason(s) for cessation To pursue other growth opportunities.

The Company's sponsor, Hong Leong Finance Limited, after having interviewed Mr Chen Chung Ling, is not aware of any other material reasons for the cessation of Mr Chen Chung Ling as the Administrative Manager 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 Oct 1, 2012
Does the AC have a minimum of 3 members (taking into account this cessation)? No
Number of independent directors currently resident in Singapore (taking this 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 4
Job Title Administrative Manager
Role and responsibilities Taking care of Group information technology solutions and general administrative matters.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries None
Shareholdings interest in the listed issuer and its subsidaries? No
Other directorships
Past (for the last 5 years) None
Present None