Change - Announcement of Cessation::Cessation of Chief Executive Officer
Issuer & Securities
CHINA EVERBRIGHT WATER LIMITED
CHINA EVERBRIGHT WATER LIMITED - BMG2116Y1057 - U9E
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Chief Executive Officer
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Wang Tianyi as Chief Executive Officer.
DBS Bank Ltd. acted as the Financial Adviser to the Company in relation to the reverse takeover of the Company by China Everbright Water Holdings Limited which was completed on 12 December 2014. DBS Bank Ltd. assumes no responsibility for the contents of this announcement.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Pursuant to the reconstitution of the Board of Directors, Mr. Wang Tianyi is re-appointed as Executive Director and Chairman.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, Vice-Chairman and Chief Executive Officer
Role and responsibilities
Responsible for overall management, business operations and strategic planning. Responsible for human resources management.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Please refer to the attachment for list of past directorships.
Please refer to the attachment for list of present directorships.
Total size =95K