Change - Announcement of Cessation::Cessation as Non-Executive Director

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Aug-2020 17:37:25
Status
New
Announcement Sub Title
Cessation as Non-Executive Director
Announcement Reference
SG200813OTHR4JU7
Submitted By (Co./ Ind. Name)
Mei-Rong Pan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Name Of Person
Kazuyoshi Mizukoshi
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
12/08/2020
Detailed Reason (s) for cessation
Due to Mr. Kazuyoshi Mizukoshi's resignation as a managing director of Daiwa Corporate Investment Co., Ltd., the substantial shareholder 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
11/11/2014
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
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)
NIF Corporate Investment Co., Ltd. / President
Daiwa Corporate Investment Asia Limited / Director
DCI Vietnam Capital Management Co. Ltd. / Director
Frontiir Pte. Ltd. / Non-Executive Director
Oway Pte. Ltd. / Non-Executive Director
Rent 2 Own Holdings Pte. Ltd. / Non-Executive Director
Trust Venture Partners Co., Ltd. / Non-Executive Director
Yangon Capital Partners Co. Ltd. / Non-Executive Director
Hotung International Company Ltd. / Non-Executive Director
Hotung Venture Capital Corporation / Non-Executive Director
Daitung Development and Investment Corporation / Non-Executive Director
Present
Daiwa Real Estate Asset Management Co., Ltd. / Audit & Supervisory Board Member
Good Time Living Co. Ltd. / Audit & Supervisory Board Member
Huitung Investments (BVI) Limited / Non-Executive Director