Change - Announcement Of Cessation :: Cessation Of Mr Liu Zhong Qiu As Executive Director And Chief Operating Officer

BackAug 11, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Aug 11, 2017 18:26
Status New
Announcement Sub Title Cessation of Mr Liu Zhong Qiu as Executive Director and Chief Operating Officer
Announcement Reference SG170811OTHRYGDA
Submitted By (Co./ Ind. Name) Zhao Guang Ming
Designation Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Cessation of Mr Liu Zhong Qiu as Executive Director and Chief Operating Officer
Additional Details
Name Of Person Liu Zhong Qiu
Age 66
Is effective date of cessation known? Yes
If yes, please provide the date 11/08/2017
Detailed Reason (s) for cessation Due to reallocation of Mr Liu Zhong Qiu's duties
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 02/12/2013
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 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Executive Director and Chief Operating Officer
Role and responsibilities Overseeing the business operations of CEFC International Limited and its subsidiaries.
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