Change - Announcement of Cessation::Retirement of a Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
YING LI INTERNATIONAL REAL ESTATE LIMITED
Securities
YING LI INTL REAL ESTATE LTD - SG1O24911883 - 5DM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2015 19:26:23
Status
New
Announcement Sub Title
Retirement of a Non-Executive and Non-Independent Director
Announcement Reference
SG150428OTHRJV9X
Submitted By (Co./ Ind. Name)
Fang Ming
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of a Non-Executive and Non-Independent Director

Additional Details

Name Of Person
Tan Kim Seng
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2015
Detailed Reason (s) for cessation
Due to personal work commitments, Mr Tan Kim Seng who is subject to retirement pursuant to Article 106 of the Company Articles of Association, did not seek re-election. Accordingly, he retired at the conclusion of the Annual General Meeting and also stepped down as a member of the Remuneration Committee.
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
29/04/2013
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director and a member of the Remuneration 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
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
82,672,000 ordinary shares in the Company
Past (for the last 5 years)
Refer to attachment - Annex "A"
Present
Refer to attachment - Annex "B"

Attachments

Annex A.pdf
Annex B.pdf
Total size =113K