Change - Announcement of Cessation::Cessation of Key Management
Issuer & Securities
WORLD PRECISION MACHINERY LIMITED
WORLD PRECISION MACHINERY LTD - SG1T29930156 - B49
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Key Management
Submitted By (Co./ Ind. Name)
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Zheng Yulin, the Deputy General Manager of World Precise Machinery (China) Co., Ltd., as a member of the key management team due to an internal restructuring of the Group's key management team.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Due to an internal restructuring of the Group's key management team.
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.)
Deputy General Manager of World Precise Machinery (China) Co., Ltd.
Role and responsibilities
Responsible for technology and product development of World Precise Machinery (Shenyang) Co., Ltd.
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?
840,000 shares in World Precision Machinery Limited.
Past (for the last 5 years)