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

Issuer & Securities

Issuer/ Manager
CHINA ENVIRONMENT LTD.
Securities
CHINA ENVIRONMENT LTD. - SG1Y42946521 - 5OU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Sep-2021 15:28:31
Status
New
Announcement Sub Title
Cessation of Executive Director and Executive Chairman
Announcement Reference
SG210920OTHR00TG
Submitted By (Co./ Ind. Name)
Remy Tan
Designation
Corp Affairs Mgr
Effective Date and Time of the event
20/09/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director and Executive Chairman

Additional Details

Name Of Person
Norman Winata
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
20/09/2021
Detailed Reason (s) for cessation
Due to personal family commitment
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
29/03/2016
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman
Role and responsibilities
Executive Chairman, Remuneration Committee Member, Nominating Committee Member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes - Son of substantial shareholder Dharman Rustam Winata
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
-
Present
Lucrum Capital Pte Ltd
China Dongyuan Environment Pte Ltd
Fujian Dongyuan Environmental Protection Co., Ltd
Anhui Dongyuan Environmental Protection Co., Ltd