Change - Announcement of Cessation::Retirement of Executive Director at Annual General Meeting

Issuer & Securities

Issuer/ Manager
QIAN HU CORPORATION LIMITED
Securities
QIAN HU CORPORATION LIMITED - SG1BE8000008 - BCV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Mar-2022 18:42:07
Status
New
Announcement Sub Title
Retirement of Executive Director at Annual General Meeting
Announcement Reference
SG220330OTHR0E4Q
Submitted By (Co./ Ind. Name)
Kenny Yap Kim Lee
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Ms Lai Chin Yee as an Executive Director at Annual General Meeting

Additional Details

Name Of Person
Lai Chin Yee
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
30/03/2022
Detailed Reason (s) for cessation
Ms Lai Chin Yee is subjected to retirement by rotation pursuant to Regulation 91 of the Company's Constitution at the Company's Annual General Meeting ("AGM") held on 30 March 2022 and did not seek for re-election as part of the Board renewal process. Accordingly, she retired as an Executive Director of the Company at the conclusion of the AGM. She will remain as the Finance Director and continue to oversee the Group's financial & sustainability reporting, treasury, corporate governance and other finance related functions.
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
01/11/2004
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)
3
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.)
Finance Director
Role and responsibilities
Oversees the Group's financial & sustainability reporting, treasury, corporate governance and other finance related functions.
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
80,350 shares
Past (for the last 5 years)
Ryobi Kiso Holdings Ltd
Present
Micro-Mechanics (Holdings) Limited
Singapore Paincare Holdings Limited