Change - Announcement of Cessation::Cessation of Mr Chew Soo Lin as Independent Director

Issuer & Securities

Issuer/ Manager
CHINA MEDICAL (INTERNATIONAL) GROUP LIMITED
Securities
CHINA MED (INTL) W201029 - SG5FF2000003 - 1F6W
CHINA MEDICAL (INTL) GROUP LTD - SG1T21929867 - 5IB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2018 12:07:37
Status
New
Announcement Sub Title
Cessation of Mr Chew Soo Lin as Independent Director
Announcement Reference
SG180425OTHR6SLT
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
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 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 assume 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 Lance Tan, Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Additional Details

Name Of Person
Chew Soo Lin
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2018
Detailed Reason (s) for cessation
Mr Chew Soo Lin did not seek re-election at the Annual General Meeting ("AGM") due to personal commitments. Accordingly, he retired as a Director of the Company on 24 April 2018 at the conclusion of the AGM.

Based on its enquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Chew Soo Lin as the Independent 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
28/04/2017
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee, member of Audit Committee and Remuneration Committee.
Role and responsibilities
Non-Executive Director.
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?
Yes
Shareholding Details
6,332,000 shares and 5,499,000 warrants.
Past (for the last 5 years)
Please refer to Appendix A
Present
Please refer to Appendix A

Attachments

Appendix A.3.pdf
Total size =11K