Change - Announcement of Cessation::Announcement of Cessation as Chief Executive Officer/Executive Director

Issuer & Securities

Issuer/ Manager
CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD
Securities
CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Sep-2018 12:38:41
Status
New
Announcement Sub Title
Announcement of Cessation as Chief Executive Officer/Executive Director
Announcement Reference
SG180911OTHRFW28
Submitted By (Co./ Ind. Name)
Doreen Nah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Chief Executive Officer/Executive Director

Additional Details

Name Of Person
Meng Fanqiu
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
12/09/2018
Detailed Reason (s) for cessation
After having served as Chief Executive Officer/Executive Director of the Company for over 10 years, Mr Meng Fanqiu, who is a secondee of parent company, China National Aviation Fuel Group Limited ("CNAF") and a CNAF-nominee Director of the Company, will be assuming another role within the CNAF Group.
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
09/05/2008
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer/Executive Director
Role and responsibilities
Mr. Meng is responsible for the effective management and smooth running of the Group's businesses and for the development and implementation of the Board-approved strategies.
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?
No
Past (for the last 5 years)
China National Aviation Fuel TSN-PEK Pipeline Transportation Corporation Ltd

Investor Relations Professionals Association (Singapore)

North American Fuel Corporation

China Aviation Oil (Europe) Limited (Director)

CAOT Pte. Ltd. (Director) - Dissolved
Present
China Aviation Oil (Hong Kong) Company Limited (Chairman/Director)

Shanghai Pudong International Airport Aviation Fuel Supply Corporation Ltd (Deputy Chairman)

China Aviation Oil Xinyuan Petrochemicals Co., Ltd
(Deputy Chairman)

Oilhub Korea Yeosu Co., Ltd (Director)