Change - Announcement of Cessation::Cessation of Independent Non-Executive Director - Mr Shi Junhui

Issuer & Securities

Issuer/ Manager
GCCP RESOURCES LIMITED
Securities
GCCP RESOURCES LIMITED - KYG377411080 - 41T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2023 19:46:51
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director - Mr Shi Junhui
Announcement Reference
SG230427OTHRZ4VG
Submitted By (Co./ Ind. Name)
Eunice Hooi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Shi Junhui as an Independent Non-Executive Director of the Company with effect from 26 April 2023.

This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This announcement has not been examined by the 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 details of the contact person for the Sponsor are -

Name: Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address: 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906
Tel: (65) 6241 6626

Additional Details

Name Of Person
Shi Junhui
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2023
Detailed Reason (s) for cessation
Mr Shi Junhui, who was retiring pursuant to Article 86(1) of the Articles of Association of the Company, was not re-elected as a Director of the Company at the Annual General Meeting of the Company held on 26 April 2023 ("AGM"). Hence, he has ceased as an Independent Non-Executive Director, the Chairman of the Nominating Committee, and a member of the Audit Committee and Remuneration Committee, at the conclusion of the AGM.

After having interview Mr Shi and to the best of its knowledge, the Sponsor is satisfied that there are no other material reasons for the cessation of Mr Shi as Independent 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
17/01/2020
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Nominating Committee, and member of the Audit Committee and Remuneration Committee
Role and responsibilities
Non-executive
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?
No
Past (for the last 5 years)
Nil
Present
(1) ATL Investment & Management Group Limited
(2) Innova Bio-Medical Pte Ltd
(3) DPS Int l Pte. Ltd.
(4) SG Diagnostics Pte Ltd
(5) PASACA Capital Pte Ltd
(6) Sino-Innovax Biotec Pte Ltd