Change - Announcement of Cessation::Resignation of Independent Director
Issuer & Securities
SecuritiesADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast07-Jun-2017 18:07:51
Announcement Sub TitleResignation of Independent Director
Announcement ReferenceSG170607OTHRHMI3
Submitted By (Co./ Ind. Name)Simon Eng
DesignationChief Executive Officer
Description (Please provide a detailed description of the event in the box below)Resignation of Mr. Ng Siew Hoong as an Independent Director. Following Mr. Ng's resignation, he shall cease as the Chairman of the Remuneration Committee and a member of each of the Audit and Nominating Committees.
Additional Details
Name Of PersonNg Siew Hoong
Is effective date of cessation known?Yes
If yes, please provide the date07/06/2017
Detailed Reason (s) for cessationMr. Ng has resigned as an Independent Director due to personal reasons.
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 position08/06/2015
Does the AC have a minimum of 3 members (taking into account this cessation)?No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, RC Chairman, AC member and NC member
Role and responsibilitiesAssumed the roles and responsibilities of an Independent Director, Chairman of Remuneration Committee and a member of the Audit and Nominating Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNIL
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)None
PresentJubilee Industries Holdings Ltd.