News
07 Jun 2019
Change - Announcement Of Resignation Of Executive Chairman And Group Chief Executive Officer
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 7, 2019 18:08 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Chairman and Group Chief Executive Officer |
| Announcement Reference | SG190607OTHR8QEF |
| Submitted By (Co./ Ind. Name) | Toh Li Ping, Angela |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Resignation of Executive Chairman of the Company and Group Chief Executive Officer Mr Fang Ming was appointed as the Executive Chairman on 26 September 2008 and Group Chief Executive Officer on 15 March 2014. |
| Additional Details | |
| Name Of Person | Fang Ming |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 07/06/2019 |
| Detailed Reason (s) for cessation | Due to personal health issues. |
| 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 | 26/09/2008 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Chairman of the Company and Group Chief Executive Officer |
| Role and responsibilities | Ms Fang Ming is responsible for the overall management of the Group. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Nil |