Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
CHINA STAR FOOD GROUP LIMITED
Securities
CHINA STAR FOOD GROUP LIMITED - SG1CE1000003 - 42W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Apr-2016 18:16:11
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG160405OTHRK108
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Chen Huajing as Executive Director of the Company

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

The number of cessations of appointments specified in Catalist Rule 704(6) over the past 12 months includes the cessations pursuant to the completion of the acquisition of China Star Food Holdings Pte Ltd on 23 September 2015.

Additional Details

Name Of Person
Chen Huajing
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
07/04/2016
Detailed Reason (s) for cessation
To pursue other career opportunity.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Chen Huajing as the Executive Director of the Company.
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
22/09/2015
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
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Executive. Mr Chen Huajing is responsible for supervising the Group's corporate finance matters and fund raising for its expansion.
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?
No
Past (for the last 5 years)
Shandong Kigenta Ecological Engineering Co., Ltd
Present
Fujian Zilaohu Food Co., Ltd.*
Fujian Xingpai Food Co., Ltd.*
Liancheng Dizhongbao Modern Agriculture Development Co., Ltd.*

*The Company is in the process of relinquishing the directorship of Mr Chen Huajing in the three PRC subsidiaries.