Change - Announcement of Cessation::Resignation of Executive Director
Issuer & Securities
CHINA HAIDA LTD.
CHINA HAIDA LTD. - SG1Q42922142 - C92
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Executive Director
Submitted By (Co./ Ind. Name)
Marilyn Tan Lay Hong
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.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
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
Shareholding interest in the listed issuer and its subsidiaries?
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)
(1) China Delta Limited
(2) Forbury Investments Limited