Change - Announcement of Cessation::RESIGNATION OF ACTING CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
HENGYANG PETROCHEMICAL LOGISTICS LIMITED
Securities
HENGYANG PETROCHEM LOG LIMITED - SG1Y78948920 - 5PD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jun-2017 18:23:23
Status
New
Announcement Sub Title
RESIGNATION OF ACTING CHIEF FINANCIAL OFFICER
Announcement Reference
SG170623OTHR324Z
Submitted By (Co./ Ind. Name)
Gu Wen Long
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF ACTING CHIEF FINANCIAL OFFICER

The sponsor of the Company, CIMB Bank Berhad, Singapore Branch ("Sponsor"), is satisfied that there are no other reasons for Mr. Zi's resignation.

In view of Mr. Zi's departure, the Company will endeavour to fill the vacancy as soon as practicable.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor for compliance with the relevant rules of the SGX-ST, this being 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. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Yee Chia Hsing, Head, Catalist and Mr Ken Lee, Associate Director, Investment Banking. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 6337 5115.

Additional Details

Name Of Person
Zi Songtao
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
23/06/2017
Detailed Reason (s) for cessation
To pursue other career interests
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
25/04/2016
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)
3
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.)
Acting Chief Financial Officer
Role and responsibilities
Executive position, mainly in charge of the financial and treasury affairs of the Group and investor relations.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
NIL