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Change - Announcement Of Resignation Of Non-Executive Director

BackMay 16, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast May 16, 2017 18:16
Status New
Announcement Reference SG170516OTHR129E
Submitted By (Co./ Ind. Name) Dr Diao Weicheng
Designation Executive Chairman
Description (Please provide a detailed description of the event in the box below) RESIGNATION OF NON-EXECUTIVE DIRECTOR

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Ng Joo Khin:
Telephone number: (65) 6389 3000
Email address:
Additional Details
Name Of Person Wang Mingchuan
Age 51
Is effective date of cessation known? Yes
If yes, please provide the date 16/05/2017
Detailed Reason (s) for cessation Mr Wang Mingchuan is resigning to pursue other interests.

Stamford Corporate Services Pte. Ltd., having interviewed Mr Wang Mingchuan, is satisfied that, other than as disclosed in this announcement, there are no materials reasons for the resignation of Mr Wang Mingchuan.
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 31/03/2014
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.) Non-Executive Director
Role and responsibilities Non-Executive
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 1) FIYTA Holdings Ltd.
2) Tianma Microelectronics Co., Ltd.
3) AVIC Real Estate Co., Ltd.
4) Rainbow Department Store Co., Ltd.
5) Shennan Circuit Co., Ltd.