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

Issuer & Securities

Issuer/ Manager
THE PLACE HOLDINGS LIMITED
Securities
THE PLACE HOLDINGS LIMITED - SG1Q02920318 - E27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2018 20:21:36
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG180425OTHRI3CC
Submitted By (Co./ Ind. Name)
Ji Zenghe
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of Non-Executive Director

Additional Details

Name Of Person
Wen Yao-Long
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2018
Detailed Reason (s) for cessation
Mr Wen Yao-Long retired by rotation from office at the conclusion of the Annual General Meeting of the Company held on 25 April 2018.
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
02/01/2003
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 Director
Role and responsibilities
Responsibilities as a Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Wen Yao-Long has a direct interest in 41,147,747 ordinary shares of the Company and a deemed interest in 108,362,000 ordinary shares of the Company owned by Sunny Worldwide International Ltd ("Sunny Worldwide") by virtue of his 100% shareholding in Sunny Worldwide.
Past (for the last 5 years)
Not Applicable
Present
Eucon Investment Holding Pte Ltd