Change - Announcement of Cessation::Cessation of Chairman and Executive Director

Issuer & Securities

Issuer/ Manager
CHINA MINING INTERNATIONAL LTD
Securities
CHINA MINING INTERNATIONAL LTD - KYG211721207 - BHD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Apr-2022 22:44:54
Status
New
Announcement Sub Title
Cessation of Chairman and Executive Director
Announcement Reference
SG220407OTHRNVNN
Submitted By (Co./ Ind. Name)
Ho Kok Weng
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Guo Yinghui as the Chairman and as an Executive Director of the Company.

Additional Details

Name Of Person
Guo Yinghui
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2022
Detailed Reason (s) for cessation
Mr Guo Yinghui will retire as the Chairman and an Executive Director of the Company pursuant to Article 86 of the Company's Constitution at the conclusion of the forthcoming AGM to be convened on 29 April 2022. Mr Guo Yinghui, who has served on the Board as the Chairman and an Executive Director since the incorporation of the Company, has indicated that he, as part of the succession plan and renewal process of the Board, will not be seeking re-election so as to make way for Mr Zhai Kebin, the existing CEO and an Executive Director of the Company, to succeed him as the Chairman of the Board.
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
31/01/2005
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board and an Executive Director
Role and responsibilities
Mr Guo is responsible for the formulation of the overall 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
No.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
17,985,000 Direct Shareholding Interest and 194,240,000 Deemed Interest. Mr Guo Yinghui is the spouse of Mdm. Feng Li and is deemed to be interested in: (a) the 14,560,000 shares registered in the name of KGI Fraser Securities Pte Ltd held for Mdm. Feng Li; and (b) the 179,680,000 shares registered in the name of Maybank Kim Eng Securities Pte Ltd held for China Focus International Limited (held for itself and as nominee of Profit Run Developments Limited).
Past (for the last 5 years)
Directorship held for:
1) Dragon Light Holdings Limited
2) Henan Fed Investment Co., Ltd.
3) Beijing Changjin Investment Co., Ltd.
4) Tianjin Shengyao Equity Investment Fund Management Co., Ltd.
5) Trump Luck Investments Limited
6) Zhongneng Huicheng New Energy Investment Co., Ltd.
7) Gold Planet Holdings Limited
8) Zhongnong Huasheng (Beijing) Agricultural Development Investment Co., Ltd.
9) Champion One Holdings Limited
10) Smart Finder Investment Limited
Present
Directorship held for:
1) China Focus International Limited
2) Beijing Fed Investment Group Co., Ltd.
3) Excel Leading (Hong Kong) Limited
4) China Minerals Energy Limited
5) CLC GROUP Limited