REPL::Change - Announcement of Cessation::CESSATION OF CHIEF INVESTMENT OFFICER - PRC
Issuer & Securities
Issuer/ Manager
YANGZIJIANG FINANCIAL HOLDING LTD.
Securities
YANGZIJIANG FINANCIAL HOLDING LTD. - SGXE77102635 - YF8
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Oct-2023 22:19:55
Status
Replacement
Announcement Sub Title
CESSATION OF CHIEF INVESTMENT OFFICER - PRC
Announcement Reference
SG231020OTHRCW4M
Submitted By (Co./ Ind. Name)
Toe Teow Heng
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
CESSATION OF CHIEF INVESTMENT OFFICER - PRC
The Group has made the strategic decision to remove the roles of Chief Investment Officer. Mr. Peng Xingkui will be re-assigned to a new role within the Group and will remain a member of the investment committee.
Additional Details
Name Of Person
PENG XINGKUI
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2024
Detailed Reason (s) for cessation
The Group has made the strategic decision to remove the roles of Chief Investment Officer. Mr. Peng Xingkui will be re-assigned to a new role within the Group and will remain a member of the investment committee.
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
28/04/2022
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Investment Officer - PRC
Role and responsibilities
Developing, sourcing, executing, managing, and monitoring the Debt Investments, Fund Investments, and marketing strategies in the PRC.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N.A.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Shandong Laigang Taida Garage Co., Ltd.
Jiangsu Xinyang Ship Investment Co., Ltd.
Jiangyin Yarun Metal Materials Co., Ltd.
Jiangyin, Jiangsu-Jingjiang Industrial Park Yuanrun Trading Co., Ltd.
Jiangsu Qinli Thermal Power Co., Ltd.
Jiangsu Ruihong Enterprise Consulting Co., Ltd.
Hanrui Venture Capital Co., Ltd.
Taixing Liyuan Investment Co., Ltd.
Present
Jiangsu New Yangzi Commerce & Trading Co., Ltd.
Jiangsu Yangchuan Investment Development Co. Ltd.
Shenzhen Yangzi Chengxin Investment Co., Ltd.
Jiujiang Yangchuan Import and Export Trading Co., Ltd.
Anhui Ningyang Import and Export Trade Co. Ltd.
Hainan Yangheng Trading Co. Ltd.
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20/10/2023 17:56:50