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

Issuer & Securities

Issuer/ Manager
CHINA ENVIRONMENT LTD.
Securities
CHINA ENVIRONMENT LTD. - SG1Y42946521 - 5OU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Dec-2018 07:21:42
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG181229OTHRQVDB
Submitted By (Co./ Ind. Name)
Remy Tan
Designation
Corp Affairs Manager
Effective Date and Time of the event
28/12/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director Mr James Kho Chung Wah

Additional Details

Name Of Person
James Kho Chung Wah
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
28/12/2018
Detailed Reason (s) for cessation
More time commitment expected from his full-time work.
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
Trading in the Company has been suspended pending the finalization of restatement of 2013 and 2014 accounts, and the completion of subsequent financial years, so as to enable the convening of AGMs. Mr Kho joined in October 2016 and the 2013 and 2014 financial statements that are undergoing restatement were presented by the former Board
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
10/10/2016
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director
Role and responsibilities
Audit Committee Member, Remuneration Committee Member, Nominating Committee Member
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)
Taiyo Asset Management Pte Ltd
Serrano Limited
Intuition Solutions Pte Ltd
Pacific Star (Greater China) Pte Ltd
LY Resources Pte Ltd
XDL Resources Pte Ltd
Ariva Investment Management Pte Ltd
Eminence Investment Pte Ltd
Fifth Avenue Group Pte Ltd
Fu Er Teng Shanxi Business Advisory Ltd
Present
SBI Offshore Limited
Rich Capital Holdings Limited
Pollux Properties Ltd
Willan Capital Pte Ltd
Willan Consultants Pte Ltd
Willan (Tianjin) Business Advisory Ltd
Willan (Tianjin) Asset Management Ltd
D&R International Capital Limited
MIB Investments Pte Ltd
Century Strategic Management Pte Ltd
Platinum Project Consultancy Pte Ltd