Change - Announcement of Cessation::Resignation of Executive Director and CEO - Sun Xiao

Issuer & Securities

Issuer/ Manager
SUNVIC CHEMICAL HOLDINGS LIMITED
Securities
SUNVIC CHEMICAL HOLDINGS LTD - SG1U49933948 - A7S
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Nov-2019 16:57:24
Status
New
Announcement Sub Title
Resignation of Executive Director and CEO - Sun Xiao
Announcement Reference
SG191114OTHROQVW
Submitted By (Co./ Ind. Name)
Koh Poh Beng
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director and CEO

Additional Details

Name Of Person
Sun Xiao
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
08/02/2020
Detailed Reason (s) for cessation
The reason for Mr Sun Xiao's resignation is due to his deteriorated health issue due to work stress.
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
16/05/2012
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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 (since 16 May 2012) and CEO (since 9 January 2013)
Role and responsibilities
Executive Director and CEO
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mdm. Hu Yanping, a substantial shareholder of the Company, is the mother of Mr Sun Xiao.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Taixing Sunke Chemicals Co., Ltd
Present
Jiangsu Jurong Chemical Co., Ltd.
Taixing Jurong Chemical Co., Ltd.
Yixing Yinyan Import & Export Co., Ltd.
Jiangsu Yinyan Specialty Chemical Co., Ltd.
Yixing Danson Science & Technology Co., Ltd
Dynix Pte Ltd
Sunvic Asia Pacific Investment Pte Ltd
All Favour International Limited
Whitefield Capital Inc.
Globe Business Global Limited
Century Advance Investments Limited
Star Dazzle Holdings Limited
Star Sun Holdings Limited