Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
CHINA HAIDA LTD.
Securities
CHINA HAIDA LTD. - SG1Q42922142 - C92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Jan-2020 18:06:39
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG200115OTHR9QXV
Submitted By (Co./ Ind. Name)
Marilyn Tan Lay Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Guo Yun ("Mr Guo") as an Executive Director of the Company with effect from 15 January 2020.

Additional Details

Name Of Person
Guo Yun
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
15/01/2020
Detailed Reason (s) for cessation
Due to health issue.
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
20/09/2004
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 and member of Nominating Committee
Role and responsibilities
Responsible for all legal and financial matters, investor relations, formulating and implementing the Company's business policies and expansion plans.
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?
Yes
Shareholding Details
Mr Guo holds 100% shareholding in Forbury Investments Limited, a substantial shareholder of the Company. He is deemed to have an interest of 14,439,020 ordinary shares in the Company through his 100% shareholdings in Forbury Investments Limited.
Past (for the last 5 years)
Nil
Present
(1) China Delta Limited
(2) Forbury Investments Limited