Change - Announcement of Cessation::RESIGNATION OF CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SINOPIPE HOLDINGS LIMITED
Securities
SINOPIPE HOLDINGS LIMITED - SG1S70928191 - X06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Jul-2016 16:04:58
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Announcement Reference
SG160702OTHRAQ2V
Submitted By (Co./ Ind. Name)
Mr Tommy Lybianto
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Executive Officer and Executive Director

Additional Details

Name Of Person
Pu Weidong
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
02/07/2016
Detailed Reason (s) for cessation
Reference is made to the announcement made earlier by the Company on 4 May 2016.

Mr Pu Weidong has given a voluntary undertaking to Monetary Authority of Singapore not to be a company director or be involved in the management of the Company for a period of one (1) year with effect from 3 July 2016..
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
09/11/2011
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.)
Chief Executive Officer and Executive Director
Role and responsibilities
He was appointed as Executive Director on 9 November 2011 and Chief Executive Officer on 15 October 2012.

Overseeing the overall day-to-day management, sales and operations of the Group and is also responsible for formulating and implementing business strategies and policies of the Group.
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
He is deemed to be interested in 22,969,000 shares held by Trumpus Capital Ltd. He is also deemed to be interested in 60,000 shares held by his spouse.
Past (for the last 5 years)
1. Pharmesis International Ltd
2. Atontech (Singapore) Pte Ltd
3. Hansen Eco-Energy Pte Ltd
Present
1.Triumpus Capital Ltd
2.Triumpus Capital (International) Ltd
3.Suzhou Hansen Warner Eco-Energy Co.,Ltd
4.Fujian Aton Advanced Materials Science and Technology Co., Ltd
5. Best Connect Resources Limited
6. One Sea Development Ltd
7. Eagle Super Associates Limited
8. Singapore Guizhou Co. Ltd
9. Sichuan Aton Plastics Co., Ltd
10. Yatong Plastic (Hubei) Co., Ltd
11. Xinjiang Aton Plastics Co., Ltd
12. Beijing Aton Plastics Co., Ltd
13. Kaifeng Aton Plastics Co., Ltd