Change - Announcement of Cessation::Cessation of Chief Executive Officer (China)

Issuer & Securities

Issuer/ Manager
Q & M DENTAL GROUP (SINGAPORE) LIMITED
Securities
Q & M DENTAL GROUP (S) LIMITED - SG2E73981531 - QC7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Oct-2017 17:42:06
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer (China)
Announcement Reference
SG171016OTHR6TDO
Submitted By (Co./ Ind. Name)
Andrew Young
Designation
Senior Legal Counsel
Description (Please provide a detailed description of the event in the box below)
Cessation of Dr Cheah Kim Fee ("Dr Cheah") as Chief Executive Officer (China).

Additional Details

Name Of Person
Cheah Kim Fee
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
12/10/2017
Detailed Reason (s) for cessation
Personal reason to pursue other interests.
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
30/03/2017
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer (China)
Role and responsibilities
Dr Cheah's role was to identify and assess strategic merger and acquisition opportunities in the China South dental healthcare industry. He was also tasked with initiating preliminary negotiations with companies that fit the Group's investment criteria, post-acquisition integration.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NIL
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Q & M Aidite International Pte. Ltd.:
210,936 non-voting, redeemable and non-convertible class A preference shares

Aoxin Q & M Dental Group Limited:
641,026 shares
Past (for the last 5 years)
- Q & M Dental (Beijing) Pte. Ltd. (liquidated)

- Qinhuangdao Aidite High Technical Ceramics Co (restructured)

- Shanghai Q&M Investment Management Consulting Co

- Shenyang XinAo Hospital Management Co

- Shenyang Quanxin Medical Leasing Co

- Q & M Dental (Shanghai) Pte. Ltd.

- Shenyang Q&M Management Consulting Co

- AR Dental Supplies Sdn Bhd

- Q & M Dental Holdings (Shenzhen) Pte. Ltd.

- Q & M Dental Laboratory (Zhejiang) Pte. Ltd. (struck off)
Present
- Shanghai Chuangyi Investment Management Co

- Aidite (Qinhuangdao) Technology Co Ltd