Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
MEDTECS INTERNATIONAL CORP LTD
Securities
MEDTECS INTERNATIONAL CORP LTD - BMG5958R1043 - 546
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-May-2020 00:31:41
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR
Announcement Reference
SG200523OTHRG1H3
Submitted By (Co./ Ind. Name)
CLEMENT YANG KER-CHENG
Designation
EXECUTIVE CHAIRMAN
Effective Date and Time of the event
19/06/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Xia Junwei as Non-Executive and Non-Independent Director of the Company. Mr Xia's resignation will take effect from the conclusion of AGM to be held on 19 June 2020.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, R & T Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Sponsor has not independently verified the contents of this announcement including the accuracy or completeness of any of the figures used, statements, opinions or other information made or disclosed.

This announcement has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Ms Evelyn Wee (Telephone Number: +65 6232 0724) and Mr Howard Cheam Heng Haw (Telephone Number: +65 6232 0685), R & T Corporate Services Pte. Ltd., at 9 Straits View, Marina One West Tower, #06-07 Singapore 018937.

Additional Details

Name Of Person
XIA JUNWEI
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
19/06/2020
Detailed Reason (s) for cessation
Mr Xia is resigning from his office so that he may concentrate on personal pursuits.

Based on the Sponsor's enquiries of Mr Xia Junwei, no other reason for cessation had been provided by him, other than as disclosed above.
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
15/10/2015
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR, MEMBER OF THE NOMINATING COMMITTEE.
Role and responsibilities
Responsible for the Group's development plans into the China market.
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)
LINGHOLM HOLDINGS PTE LTD
Present
NA