Change - Announcement of Cessation::RESIGNATION OF NON-INDEPENDENT EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
COSCO SHIPPING INTERNATIONAL (SINGAPORE) CO., LTD.
Securities
COSCO SHIPPING INTL(S) CO. LTD - SG1S76928401 - F83
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jul-2022 17:38:34
Status
New
Announcement Sub Title
RESIGNATION OF NON-INDEPENDENT EXECUTIVE DIRECTOR
Announcement Reference
SG220727OTHRX7H3
Submitted By (Co./ Ind. Name)
Zhu Jian Dong
Designation
Chairman and President
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Executive Director

Additional Details

Name Of Person
Li Xibei
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
27/07/2022
Detailed Reason (s) for cessation
Cessation as Non-Independent Executive Director of the Company due to retirement.
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
30/08/2016
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)
3
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 Executive Director and a member of the Strategic Development Committee.
Role and responsibilities
Executive. Responsible for workings of the Board, ensuring the integrity and effectiveness of its governance process.
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)
COSCO SHIPPING Bulk (Southeast Asia) Pte. Ltd.
COSCO SHIPPING Marine Engineering (Singapore) Pte Ltd
Harington Property Pte Ltd
Cosmarine Consultants Pte Ltd
G W Maritime Ltd
COSCO-Feoso (Singapore) Pte Ltd
Cosland (SR) Development Pte Ltd
COSCO SHIPPING Myanmar Pte Ltd.
Golden Land (25) Pte Ltd
Golden Land (26) Pte Ltd
Golden Land (27) Pte Ltd
Cogent Holdings Pte. Ltd.
Far East Oil Terminal One (Malaysia) Sdn. Bhd.
Cogent Holdings Pte. Ltd.
Present
COSCO Shipping (South East Asia) Pte. Ltd.