Change - Announcement of Cessation::Resignation of Independent Director
Issuer & Securities
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast11-Aug-2018 20:40:27
Announcement Sub TitleResignation of Independent Director
Announcement ReferenceSG180811OTHRD7B6
Submitted By (Co./ Ind. Name)Deng Zelin
DesignationExecutive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Resignation of Independent Director
Additional Details
Name Of PersonLing Chung Yee, Roy
Is effective date of cessation known?Yes
If yes, please provide the date08/08/2018
Detailed Reason (s) for cessationDespite numerous reminders given to management to complete the annual audit ended 30 April 2018, the Independent Directors have seen limited progress and have not received sufficient information.
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 position07/06/2018
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)1
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.)(a) Nominating Committee Chairman
(b) Remuneration Committee Chairman
(c) Audit Committee Member
Role and responsibilitiesRoles and responsibilities as Chairman of Nominating and Remuneration Committees and a member of Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)(a) China Flexible Packaging Holdings Ltd.
(b) ChinaSing Investment Holdings Ltd
(c) Aquaint Capital Holdings Ltd
(d) JES International Holdings Ltd
(e) China Paper Holdings Ltd
(f) Chaswood Resources Holdings Ltd.
(g) Arion Entertainment Singapore Ltd.
Present(a) Pine Capital Group Ltd
(b) TAP Private Equity Pte Ltd
(c) TAP Venture Fund 1 Pte Ltd
(d) United Food Holdings Ltd
(e) Ley Choon Group Holdings Ltd
(f) Vingroup JSC
(g) BSDCN Pte Ltd