Announcement Title | Change - Announcement of Cessation |
Announcement Subtitle | Resignation of Non-Executive Director |
Securities |
CHINA ESSENCE GROUP LTD. (CESSENCE) |
Date & Time of Broadcast | Aug 3, 2015 17:27 |
Submitted By |
Yap Kong Wai Chief Financial Officer and Company Secretary |
Description | Resignation of Non-Executive Director. |
Cessation Details | |
Name of person | Leung Yik Man Lawrence |
Age | 41 |
Is effective date of cessation known? | Yes |
Effective date for cessation | Aug 3, 2015 |
Detailed reason(s) for cessation | Pave way for Board Restructuring |
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 | Aug 23, 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 this 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 | 4 |
Job Title | Non-Executive Director |
Role and responsibilities | Providing strategic corporate and financial advisory in the Group |
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
Shareholdings interest in the listed issuer and its subsidaries? | No |
Other directorships | |
Past (for the last 5 years) | Nil |
Present |
1) Honour Wealth International Limited 2) China Essence Group Limited (Hong Kong) 3) Deacons Group Holding Limited 4) Luck Sky Investments Limited |
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