Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT CHAIRMAN, AND MEMBERS OF THE AC AND THE RC

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-Mar-2025 17:39:18
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT CHAIRMAN, AND MEMBERS OF THE AC AND THE RC
Announcement Reference
SG250317OTHRM9O3
Submitted By (Co./ Ind. Name)
Ren Chao
Designation
Executive Director and Acting CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of the Non-Executive and Non-Independent Chairman, and members of the Audit Committee ("AC") and the Remuneration Committee ("RC").

Additional Details

Name Of Person
Wang Yun
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
17/03/2025
Detailed Reason (s) for cessation
Ms Wang Yun 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 Ms Wang Yun within CEL, she has resigned as the Non-Executive and Non-Independent Chairman of the Company. Accordingly, she has also stepped down as members of the AC and the RC.
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
14/07/2023
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Chairman, and members of the AC and the RC.
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)
-China Everbright Holdings Company Limited
-Everbright Grand China Assets Limited
Present
-CEL
-Everbright Grand China Assets Limited
-China Everbright (Group) Limited's Representative Office in Macau
-China Aircraft Leasing Group Holdings Limited