Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR AND MEMBERS OF THE AC AND THE RMC

Issuer & Securities

Issuer/ Manager
YING LI INTERNATIONAL REAL ESTATE LIMITED
Securities
YING LI INTL REAL ESTATE LTD - SG1O24911883 - 5DM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-May-2023 23:07:12
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR AND MEMBERS OF THE AC AND THE RMC
Announcement Reference
SG230517OTHRSCQ0
Submitted By (Co./ Ind. Name)
Yang Haishan
Designation
Non-Executive and Non-Independent Director
Description (Please provide a detailed description of the event in the box below)
Announcement of resignation of Non-Executive and Non-Independent Director and members of the Audit Committee ("AC") and the Risk Management Committee ("RMC") of the Company.

Additional Details

Name Of Person
Wang Hongyang
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
17/05/2023
Detailed Reason (s) for cessation
Mr Wang Hongyang is a representative from China Everbright Limited ("CEL") on the Board of Directors (the "Board") of the Company. Due to adjustment of the role and responsibility of Mr Wang Hongyang within CEL, he has resigned as a Non-Executive and Non-Independent Director of the Company. Accordingly, he has also stepped down as members of the AC and the RMC respectively.
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
21/12/2021
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director and members of the AC and the RMC of the Company
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
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
(1) CEL(hkex.0165) (2) a supervisor and a member of the Risk and Financial Supervisory Committee of the Supervisory Committee and Everbright Securities Company Limited (shex.601788, hkex.06178)
Present
China Aircraft Leasing Group Holdings Limited (hkex.1848)