Change - Announcement of Cessation::CESSATION OF INDEPENDENT NON-EXECUTIVE CHAIRMAN

Issuer & Securities

Issuer/ Manager
CHINESE GLOBAL INVESTORS GROUP LTD.
Securities
CHINESE GLOBAL INVESTORS GRP - SG1N00908623 - 5CJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Oct-2016 23:40:53
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT NON-EXECUTIVE CHAIRMAN
Announcement Reference
SG161024OTHRVIK1
Submitted By (Co./ Ind. Name)
SO YUEN CHUN
Designation
EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Joseph Au, Senior Manager, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Tan Sri Datuk Henry Chin Poy-Wu
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
23/10/2016
Detailed Reason (s) for cessation
Passed away on 23 October 2016.
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
25/10/2011
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 Non-Executive Chairman of the Board, Chairman of Investment Committee and Risk Management Committee, member of AC, NC and RC.
Role and responsibilities
To perform the functions of Independent Non-Executive Chairman and fulfilling duties and responsibilities as Chairman of Investment Committee and Risk Management Committee and a member of Audit Committee, Nominating Committee and Remuneration Committee.
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)
JT International Berhad
Present
Stone Master Corporation Bhd.