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

Issuer & Securities

Issuer/ Manager
PHARMESIS INTERNATIONAL LTD.
Securities
PHARMESIS INTERNATIONAL LTD. - SG1BH6000003 - BFK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Dec-2017 17:08:44
Status
New
Announcement Sub Title
Resignation of Non-Independent Non-Executive Director
Announcement Reference
SG171215OTHRVKUC
Submitted By (Co./ Ind. Name)
Mr Jiang Yun
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Non-Executive Director

Additional Details

Name Of Person
Jiang Ercheng
Age
27
Is effective date of cessation known?
Yes
If yes, please provide the date
15/12/2017
Detailed Reason (s) for cessation
To pursue personal interest.
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
01/07/2016
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)
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.)
Non-Independent Non-Executive Director and a member of Audit Committee
Role and responsibilities
The duties, role and responsibilities of the Non-Independent Non-Executive Director and member of Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Jiang Ercheng is the son of Mr Jiang Yun, the Executive Director and Chief Executive Officer of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
1. Chengdu Kinna Investment Co Ltd;
2. Emperor Wealth Holdings Limited