Change - Announcement of Cessation::Announcement of Cessation of Chairman

Issuer & Securities

Issuer/ Manager
ASIA FASHION HOLDINGS LIMITED
Securities
ASIA FASHION HOLDINGS LIMITED - BMG0539Q1134 - GH3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-May-2015 23:03:58
Status
New
Announcement Sub Title
Announcement of Cessation of Chairman
Announcement Reference
SG150524OTHRLWYU
Submitted By (Co./ Ind. Name)
Yuan Limin
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Chairman

Additional Details

Name Of Person
Neo Chee Beng
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
22/05/2015
Detailed Reason (s) for cessation
Due to other business commitment.
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
27/12/2013
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.)
Executive Chairman and Executive Director
Role and responsibilities
Mr. Neo Chee Beng is responsible for the overall management, strategic direction and day-to-day operation of the Group.
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?
No
Past (for the last 5 years)
Persistent Asset Management Pte Ltd
Persistent Wealth Management Pte Ltd
Heye Logistics Holdings (Singapore) Pte Ltd
Wealth Venture Management Pte Ltd
Gainer Capital Inc.
Present
LottVision Ltd
China Finance On-line Ltd
Li Feng Technology Pte Ltd