Change - Announcement of Cessation::Retirement of an Independent Director

Issuer & Securities

Issuer/ Manager
SINOSTAR PEC HOLDINGS LIMITED
Securities
SINOSTAR PEC HOLDINGS LIMITED - SG1V73937608 - C9Q
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2024 21:10:25
Status
New
Announcement Sub Title
Retirement of an Independent Director
Announcement Reference
SG240424OTHRX81O
Submitted By (Co./ Ind. Name)
Li Xiang Ping
Designation
CEO and Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of an Independent Director.

Additional Details

Name Of Person
Zhao Jinqing
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2024
Detailed Reason (s) for cessation
Mr Zhao Jinqing has retired from the Board effective from 24 April 2024 to pursue his personal interest and to facilitate Board renewal. Following his retirement, Mr Zhao will also cease to be the Chairman of the Nominating Committee, Member of Remuneration Committee and member of the Audit Committee.
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
07/03/2015
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)
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 Director, Chairman of the Nominating Committee, Member of Remuneration Committee and member of the Audit Committee
Role and responsibilities
Independent Director, Chairman of the Nominating Committee, Member of Remuneration Committee and member of the Audit 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)
None
Present
None