Change - Announcement of Cessation::Cessation of Non-Executive Director and Chairman

Issuer & Securities

Issuer/ Manager
CHINA EVERBRIGHT WATER LIMITED
Securities
CHINA EVERBRIGHT WATER LIMITED - BMG2116Y1057 - U9E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Aug-2015 18:15:14
Status
New
Announcement Sub Title
Cessation of Non-Executive Director and Chairman
Announcement Reference
SG150814OTHRXSYZ
Submitted By (Co./ Ind. Name)
Wang Tianyi
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Chen Xiaoping as Non-Executive Director and Chairman.



DBS Bank Ltd. acted as the Financial Adviser to the Company in relation to the reverse takeover of the Company by China Everbright Water Holdings Limited which was completed on 12 December 2014. DBS Bank Ltd. assumes no responsibility for the contents of this announcement.

Additional Details

Name Of Person
Chen Xiaoping
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
14/08/2015
Detailed Reason (s) for cessation
Pursuant to the reconstitution of the Board of Directors, Mr. Chen Xiaoping decided to step down to facilitate the gradual refreshing and rejuvenation of the Board of Directors.
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
12/12/2014
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Chairman, and Member of Remuneration Committee
Role and responsibilities
Non-Executive Director, Chairman, and Member of Remuneration Committee
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)
Please refer to the attachment for list of past directorships.
Present
Please refer to the attachment for list of present directorships.

Attachments

CEB_ChenXiaoping_list of present and past directorships_14082015.pdf
Total size =88K