Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
LUXKING GROUP HOLDINGS LIMITED
Securities
LUXKING GROUP HOLDINGS LIMITED - BMG5723Q1006 - L34

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Jun-2014 07:36:19
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG140602OTHR5T2C
Submitted By (Co./ Ind. Name)
Yvonne Choo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director

Additional Details

Name Of Person
Li Longsi
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
01/06/2014
Detailed Reason (s) for cessation
To pursue own business opportunity.
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
29/12/2004
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for managing the production, quality control, research and development, sales and marketing departments, as well as implementing management policies.
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
5,700,000 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
Nil