Change - Announcement of Cessation::Resignation of Mr Kuan Cheng Tuck as Lead Independent Director of the Company.

Issuer & Securities

Issuer/ Manager
CHINA STAR FOOD GROUP LIMITED
Securities
CHINA STAR FOOD GROUP LIMITED - SG1CE1000003 - 42W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jan-2018 17:57:06
Status
New
Announcement Sub Title
Resignation of Mr Kuan Cheng Tuck as Lead Independent Director of the Company.
Announcement Reference
SG180116OTHR97RW
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Kuan Cheng Tuck as Lead Independent Director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("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 Mr 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
Kuan Cheng Tuck
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
16/01/2018
Detailed Reason (s) for cessation
Due to Mr Kuan's recent work commitments and the substantial amount of time required to discharge the duties of an Independent Director of the Company.

The Company is presently seeking suitable candidate(s) for its Board and board committees and will announce any new appointment in due course.

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 Kuan Cheng Tuck as the Lead 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
03/07/2017
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director
Chairman of Audit Committee
Member of Nominating Committee
Member of Remuneration Committee
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
Past (for the last 5 years)
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Present
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