AGV

Change - Announcement Of Resignation Of Ang Ghee Ann As Executive Director

BackJan 25, 2019
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jan 25, 2019 19:54
Status New
Announcement Sub Title Resignation of Ang Ghee Ann as Executive Director
Announcement Reference SG190125OTHRRSMZ
Submitted By (Co./ Ind. Name) Lim Kok Meng
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) 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, #01-05, Hong Leong Building, Singapore 048581, Telephone: (65) 6415 9886.
Additional Details
Name Of Person Ang Ghee Ann
Age 58
Is effective date of cessation known? Yes
If yes, please provide the date 22/01/2019
Detailed Reason (s) for cessation To pursue his personal career and other interests.

The Company's sponsor, Hong Leong Finance Limited, after having interviewed Mr Ang Ghee Ann, is not aware of any other material reasons for the resignation of Mr Ang Ghee Ann as the Executive Director.
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 6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Executive Director
Role and responsibilities 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 Yes. Mr Ang Ghee Ann has 11,000,000 shares in the listed issuer.
Past (for the last 5 years) AGV Group Limited
Present Nil