Ascent Bridge Reshapes Board and Committees After Director Resignation

An update from Ascent Bridge Limited ( (SG:AWG) ) is now available.

Ascent Bridge Limited has announced the resignation of non-executive and non-independent director Zhou Fangfang, effective 25 February 2026, and the board has formally recorded its appreciation for her contributions. Following this change, the company has updated its board lineup, with Chairman and CEO Qiu Peiyuan and Executive Director Peng Yun serving alongside independent directors Yeo Kan Yen and Zhang Jingya.

Committee structures have been reshaped, with Yeo chairing the Audit and Risk and Nominating Committees and Zhang chairing the Remuneration Committee, though several committee vacancies remain. The board and Nominating Committee plan to fill these gaps within two to three months to ensure full compliance with Singapore Exchange listing requirements and corporate governance standards, a move aimed at maintaining robust oversight and investor confidence.

More about Ascent Bridge Limited

Ascent Bridge Limited, incorporated in Singapore, is a listed company overseen by a board comprising executive and independent directors. The firm operates under the Singapore Exchange’s listing rules and adheres to the Code of Corporate Governance 2018 in structuring its board and key committees.

Average Trading Volume: 309,536

Technical Sentiment Signal: Sell

Current Market Cap: S$19.85M

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