Change - Announcement of Cessation::Resignation of Project Sales Manager of WPMC
Issuer & Securities
WORLD PRECISION MACHINERY LIMITED
WORLD PRECISION MACHINERY LTD - SG1T29930156 - B49
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Project Sales Manager of WPMC
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Resignation of Project Sales Manager of World Precise Machinery (China) Co., Ltd. ("WPMC")
Mr Ge Minglei relinquished his position as Chief Executive Officer of the Company and General Manager of WPMC, and was re-designated as Project Sales Manager of WPMC on 22 November 2019.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other career opportunities.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Project Sales Manager of WPMC
Role and responsibilities
The appointment is executive. Mr Ge Minglei is responsible for developing the sales project for custom made products which required high technical capabilities and coordination among customers, technical department and production department.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)