Change - Announcement of Cessation::Resignation of Non-Executive Chairman and Independent Director

Issuer & Securities

Issuer/ Manager
FU YU CORPORATION LIMITED
Securities
FU YU CORPORATION LTD - SG1B56010922 - F13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Jul-2021 19:16:47
Status
New
Announcement Sub Title
Resignation of Non-Executive Chairman and Independent Director
Announcement Reference
SG210705OTHR929L
Submitted By (Co./ Ind. Name)
Kong Wei Fung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Dr John Chen Seow Phun as Non-Executive Chairman and Independent Director of the Company

Additional Details

Name Of Person
John Chen Seow Phun
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
05/07/2021
Detailed Reason (s) for cessation
Dr John Chen tendered his resignation as Non-Executive Chairman and Independent Director of the Company on 5 July 2021 to focus on his other commitments.
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
27/11/2007
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman and Independent Director, Audit Committee Chairman, Nominating Committee and Remuneration Committee member
Role and responsibilities
Roles and responsibilities as Non-Executive Chairman, Audit Committee Chairman, Nominating Committee and Remuneration Committee member
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?
Yes
Shareholding Details
Direct: 1,000,000 ordinary shares (representing 0.13% shareholding interest) in Fu Yu Corporation Limited
Past (for the last 5 years)
Other Principal Commitments including directorships:
National University Health System Pte Ltd
Exeterstar Holdings Pte Ltd
MHC Asia Holdings Pte Ltd
Present
Directorships:
Pavillon Holdings Ltd
OKP Holdings Limited
Hiap Seng Engineering Ltd
Hanwell Holdings Ltd
Matex International Limited
Tat Seng Packaging Group Ltd
Hong Lai Huat Group Limited (previously known as HLH Group Ltd)
Sinostar Pec Holdings Ltd

Other Principal Commitments:
JCL Business Development Pte Ltd
SAC Capital Private Limited
SAC Advisors Pte Ltd
JLM Foundation Ltd
Unigold Asia Limited
Pavillon Financial Leasing Co. Ltd
Pavillon Business Development (Shanghai) Co. Ltd.
Fengchi IOT Management Co., Ltd