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

Issuer & Securities

Issuer/ Manager
ZHONGXIN FRUIT AND JUICE LIMITED
Securities
ZHONGXIN FRUIT AND JUICE LTD - SG1P25916898 - 5EG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jan-2024 18:50:28
Status
New
Announcement Sub Title
Resignation of Non-Executive Director
Announcement Reference
SG240117OTHRHHC8
Submitted By (Co./ Ind. Name)
Liu Yu
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Lance Tan, Senior Vice President, at 8 Anthony Rd, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Zhang Chuning
Age
30
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2024
Detailed Reason (s) for cessation
Ms. Zhang Chuning was a nominated board representative of SDIC Zhonglu Fruit Juice Co., Ltd. ("SDICZL"), a controlling shareholder of the Company. It was recommended by SDICZL that Ms. Zhang Chuning step down as a director of the Company and accordingly she has resigned as a director of the Company.

Based on its requires, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the annoucemnet, there are no other material reasons for the cessation of Ms. Zhang Chuning as the Non-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
12/12/2022
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Member of the Audit Committee, Nominating Committee and Remuneration Committee
Role and responsibilities
Non-Executive Director, member of the Audit Committee, Nominating Committee and Remuneration Committee
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
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil