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

Issuer & Securities

Issuer/ Manager
CHINA SUNSINE CHEMICAL HOLDINGS LTD.
Securities
CHINA SUNSINE CHEM HLDGS LTD - SGXE54479022 - QES
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2025 19:08:32
Status
New
Announcement Sub Title
Cessation of Non-Executive Non-Independent Director
Announcement Reference
SG250428OTHR9KIJ
Submitted By (Co./ Ind. Name)
Xu Cheng Qiu
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Koh Choon Kong as Non-Executive Non-Independent Director.

Additional Details

Name Of Person
Koh Choon Kong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2025
Detailed Reason (s) for cessation
Mr Koh Choon Kong was re-designated as Non-Executive Non-Independent Director of the Company from Independent Director on 26 April 2024 after serving on the Board for an aggregate period of more than 9 years. Having facilitated a smooth transition of the Board, following the cessation of the other long-standing independent directors and the appointment of 3 independent directors after the conclusion of the last AGM of the Company, Mr Koh will be retiring by rotation and not seeking re-election at the forthcoming AGM on 29 April 2025. He will concurrently relinquish his position as a member of the Audit Committee.

The Board would like to take this opportunity to record its gratitude and appreciation to Mr Koh for his valuable contributions to the Board during his term of appointment with the Company. The Board wishes him well in his future endeavours.
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
26/04/2024
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive Non-independent Director, Member of the Audit Committee
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Koh has a deemed interest of 8,542,000 ordinary shares in the Company.
Other Directorships
Past (for the last 5 years)
None
Present
None