News| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 1, 2020 21:59 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Non-Executive Director |
| Announcement Reference | SG200601OTHR4VBL |
| Submitted By (Co./ Ind. Name) | Lin Baiyin |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Goh Kay Seng Edwin |
| Age | 46 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/06/2020 |
| Detailed Reason (s) for cessation | Due to personal heath issues. The Company expresses its gratitude to Mr Goh Kay Seng Edwin for his valuable contributions during his tenure of service. The deadline for filing up the vacancy in the Audit Committee not later than 3 months from 15 June 2020. The Board shall endeavour to identify and appoint new directors(s) as required by the applicable rules and regulations. |
| 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 | 15/07/2015 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 1 |
| 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.) | Lead Independent Non-Executive Director, Chairman of Audit Committee, member of Nominating and Remuneration Committee |
| Role and responsibilities | Lead Independent Non-Executive Director, Chairman of Audit Committee, member of Nominating and Remuneration Committee |
| 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? | Yes |
| Shareholding Details | 9,000,000 shares in the listed issuer (deemed interest ) |
| Past (for the last 5 years) | Non-Executive Director of China Animal Healthcare Ltd |
| Present | Nil |