公告
Change - Announcement Of Retirement Of Executive Chairman
返回07/04/2020
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 7, 2020 17:46 |
| Status | New |
| Announcement Sub Title | Retirement of Executive Chairman |
| Announcement Reference | SG200407OTHRBV0P |
| Submitted By (Co./ Ind. Name) | Ren Letian |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Ren Yuanlin as Executive Chairman |
| Additional Details | |
| Name Of Person | Ren Yuanlin |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2020 |
| Detailed Reason (s) for cessation | To pursue other career opportunities. |
| 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 | 13/01/2006 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Chairman |
| Role and responsibilities | Mr Ren Yuanlin is responsible for leading and ensuring effectiveness of the Board, as well as driving the Group strategic direction and growth. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Ren Yuanlin is the father of Mr Ren Letian (Alternate Director to Mr Ren Yuanlin). |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 3,200,000 direct interest and 852,845,825 deemed interest through his interest in Yangzi International Holdings Limited which is wholly-owned by Julius Baer Trust Company (Singapore) Limited as trustee of YZJ Settlement. |
| Past (for the last 5 years) | None |
| Present | None |