Change - Announcement of Cessation::Resignation of Mr Chan Siew Kit as Chief Financial Officer

Issuer & Securities

Issuer/ Manager
CHINA STAR FOOD GROUP LIMITED
Securities
CHINA STAR FOOD GROUP LIMITED - SG1CE1000003 - 42W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2017 18:10:58
Status
New
Announcement Sub Title
Resignation of Mr Chan Siew Kit as Chief Financial Officer
Announcement Reference
SG170531OTHRXP3T
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Chan Siew Kit as Chief Financial Officer of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

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

The contact person for the Sponsor is Mr Lance Tan, Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Chan Siew Kit
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2017
Detailed Reason (s) for cessation
In pursuit of other career opportunities

Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Chan Siew Kit ("Mr Chan") as the Chief Financial Officer of the Company.

In addition, there are no concerns with regards to the financial reporting that led to the departure of Mr Chan and there are no disagreements between Mr Chan and the Board of Directors of the Company with regard to practices that will have an impact to the Company's financial reporting.
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
22/09/2015
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Executive. Mr Chan Siew Kit's responsibilities include supervision of the Group's financial reporting, management of the finance team, ensuring compliance with listing and regulatory requirements, and reviewing internal controls.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Zixin International Pte Ltd
Present
Nil