Change - Announcement of Cessation::Resignation of Mr Zhao Lizhi as Executive Director and Chairman

Issuer & Securities

Issuer/ Manager
GREEN BUILD TECHNOLOGY LIMITED
Securities
GREEN BUILD TECHNOLOGY LIMITED - SG1Q40922128 - Y06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2021 20:07:32
Status
New
Announcement Sub Title
Resignation of Mr Zhao Lizhi as Executive Director and Chairman
Announcement Reference
SG210930OTHR6E3T
Submitted By (Co./ Ind. Name)
Lim Kok Meng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Zhao Lizhi as Executive Director and Chairman of the Company.

Additional Details

Name Of Person
Zhao Lizhi
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2021
Detailed Reason (s) for cessation
Mr Zhao Lizhi's health has been deteriorating since early 2021 and he has been advised by his doctor to take a 6 month leave of absence. Due to his deteriorating health, Mr Zhao is of the view that it would be better for him to step down as the Executive Director and Chairman of the Company in the interim.
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?
Yes
If Yes, Please provide full details
Notwithstanding Mr Zhao's resignation from the Company, he has provided an undertaking to continue to provide financial support to the Company and its subsidiaries (the "Group").
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
18/07/2014
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Chairman of the Board
Role and responsibilities
Executive. Mr Zhao is responsible for developing the business of the Group and providing strong leadership in the areas of urban infrastructure, construction and smart city construction.
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
97,518,111 ordinary shares in the Company
Past (for the last 5 years)
Harbin Shengming Energy Saving and Technology Co., Ltd
Heilongjiang Chuangmeng Public Facilities Service Management Co., Ltd
Harbin Dali Aluminium Doors and Windows Co., Ltd.
Present
Heilongjiang Dali Construction Energy Conservation Technology Development Co., Ltd
Heilongjiang Haitian Demolition Co., Ltd
City Green Build Technology Pte Ltd
Harbin Lvjian Investment Management (Group) Co., Limited
Zhongjieneng Shengming (Harbin) Smart City Construction Co., Ltd
Heilongjiang Jiuli Municipal Construction Project Co., Ltd.
China Real Estate Guoying Investment Fund Management (Beijing) Co., Ltd.