This printed article is located at https://investor.aspen.com.my/news.html
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 31, 2023 20:29 |
| Status | New |
| Announcement Sub Title | CESSATION OF CHIEF OPERATING OFFICER OF ASPEN GLOVE SDN BHD |
| Announcement Reference | SG230531OTHRNU30 |
| Submitted By (Co./ Ind. Name) | DATO' MURLY MANOKHARAN |
| Designation | PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Dr. Prabakaran A/L Manokharan as Chief Operating Officer of Aspen Glove Sdn Bhd |
| Additional Details | |
| Name Of Person | Dr. Prabakaran A/L Manokharan |
| Age | 34 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/05/2023 |
| Detailed Reason (s) for cessation | Dr. Prabakaran A/L Manokharan ("Dr. Prabakaran") has tendered his resignation to pursue other interests. Aspen Glove Sdn Bhd ("AGSB") has accepted Dr. Prabakaran's resignation as Chief Operating Officer of AGSB and his effective last date of service shall be 31 May 2023. The Company expresses its gratitude to Dr. Prabakaran for his valuable contributions during his tenure of service and wishes him success in his future endeavours. |
| 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 | 10/09/2021 |
| 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) | 1 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 4 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Operating Officer of Aspen Glove Sdn Bhd |
| Role and responsibilities | Dr. Prabakaran's responsibilities include: a) to oversee and review the manufacturing operations, and the compliance with safety regulations and standard operating procedures; b) to oversee talent acquisition, and training and development; c) to oversee financial performance, budget and expenses; and d) to oversee all other policies required by the quality management system and day-to-day operational matters. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Dr. Prabakaran is the brother of Dato' Murly Manokharan (Executive Director, President, Group Chief Executive Officer and substantial shareholder of the Company). |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | None |
| Present | None |