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

Issuer & Securities

Issuer/ Manager
CHINA GREAT LAND HOLDINGS LTD.
Securities
CHINA GREAT LAND HOLDINGS LTD. - SG1Q76923560 - D50
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2018 17:07:30
Status
New
Announcement Sub Title
Resignation of Non-Executive Independent Director
Announcement Reference
SG181231OTHRVL6P
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Independent Director

Additional Details

Name Of Person
Leo Hee Shong
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2018
Detailed Reason (s) for cessation
To pursue other personal interests and devote more time to his other commitments.

Mr Leo Hee Shong confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his resignation.
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?
Yes
If Yes, Please provide full details
The issue of Director's fee of Singapore Dollars Thirty Thousand (S$30,000.00) per financial year is still outstanding and due to Mr Leo Hee Shong for the period from date of appointment 17 February 2017 to resignation date 31 December 2018.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
17/02/2017
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees.
Role and responsibilities
Non-Executive Independent 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)
Nil
Present
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