Change - Announcement of Cessation::Change - Announcement of Cessation: Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
ZHENENG JINJIANG ENVIRONMENT HOLDING COMPANY LIMITED
Securities
ZHENENG JINJIANG ENV HLDG CO - KYG9898S1075 - BWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2022 20:50:07
Status
New
Announcement Sub Title
Change - Announcement of Cessation: Cessation of Independent Non-Executive Director
Announcement Reference
SG220425OTHR0SW6
Submitted By (Co./ Ind. Name)
Wei Dongliang
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Tan Huay Lim as an Independent Non-Executive Director of the Company.

Additional Details

Name Of Person
Tan Huay Lim
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2022
Detailed Reason (s) for cessation
Mr. Tan Huay Lim was not re-elected by shareholders as a Director of the Company at the Annual General Meeting of the Company held on 25 April 2022.
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?
Yes
If Yes, Please provide full details
It was disclosed in the Company's announcement dated 8 December 2021 (the "Announcement") that the Company had received a request from certain shareholders of the Company to facilitate due diligence by a potential acquiror of such shareholders' shares in the Company (the "Due Diligence Request") and that the Board was evaluating the viability and feasibility of the Due Diligence Request. At the annual general meeting of the Company held on 25 April 2022 (the "AGM"), the Chairman of the Board had taken the opportunity to address some queries received from shareholders which pertain to the Announcement. Please refer to the Company's announcement of the results of the AGM dated 25 April 2022 for the updates provided by the Chairman of the Board at the AGM.
Date of Appointment to current position
29/06/2016
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Audit and Risk Management Committee and a Member of the Nominating Committee
Role and responsibilities
Independent Non-Executive Director
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?
No
Past (for the last 5 years)
Hong Leong Asia Ltd.
Auric Pacific Group Limited
Singapore Hokkien Huay Kuan
Ren Ci Hospital
Xihe Holdings (Pte) Ltd (under winding up by court order since 24 March 2022)
Xihe Capital (Pte) Ltd (in liquidation pursuant to a members' voluntary winding up since 22 October 2020)
ASL Marine Holdings Ltd.
Koufu Group Limited
Present
Dasin Retail Trust Management Pte. Ltd., the Manager of Dasin Retail Trust
Elite Commercial REIT Management Pte.Ltd., the Manager of Elite Commercial REIT
Linklogis Inc.
SF REIT Asset Management Limited, the Manager of SF Real Estate Investment Trust
Sheng Siong Group Ltd.
Green Link Digital Bank Pte. Ltd.