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

Issuer & Securities

Issuer/ Manager
G.H.Y CULTURE & MEDIA HOLDING CO., LIMITED
Securities
GHY CULTURE&MEDIA HLDG CO LTD - KYG3452A1076 - XJB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Mar-2024 17:54:29
Status
New
Announcement Sub Title
Retirement of Non-Executive and Non-Independent Director
Announcement Reference
SG240312OTHRTT7V
Submitted By (Co./ Ind. Name)
Guo Jingyu
Designation
Executive Chairman & Group CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Yang Chun-Jung (Yang Jun Rong) as Non-Executive and Non-Independent Director.

The number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months does not include the cessations of Ms Wang Qing, Mr Yang Jun Rong, Mr Yeo Guat Kwang and Ms Low Hui Min announced today.

Additional Details

Name Of Person
Yang Chun-Jung (Yang Jun Rong)
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Pursuant to the Articles of Association of the Company, Mr Yang will retire from his position as Non-Executive and Non-Independent Director from 26 April 2024 and will not be seeking re-election due to personal commitments.
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
23/11/2020
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
Roles and responsibilities of a Non-Executive and Non-Independent Director
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?
Yes
Shareholding Details
Taiho Holding Ltd. holds 76,230,000 shares in the Company. Mr. Yang holds 50.0% of the issued and paid-up share capital of Taiho Holding Ltd. Accordingly, Mr. Yang is deemed to have an interest in all the Shares held by Taiho Holding Ltd by virtue of Section 4 of the Securities and Futures Act.
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