Change - Announcement of Cessation::Cessation of Executive Director, Managing Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
CHINA TAISAN TECHNOLOGY GROUP HOLDINGS LIMITED
Securities
CHINA TAISAN TECH GRP HLDGSLTD - SG1BC5000005 - AZW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Aug-2017 00:19:23
Status
New
Announcement Sub Title
Cessation of Executive Director, Managing Director and Chief Executive Officer
Announcement Reference
SG170830OTHR3IE1
Submitted By (Co./ Ind. Name)
CHOI CHEUNG KONG
Designation
EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director, Managing Director and Chief Executive Officer

Additional Details

Name Of Person
Lin Wen Chang
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
29/08/2017
Detailed Reason (s) for cessation
Retired from Listed Company and pursue other Interest.
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
14/01/2008
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 Director, Managing Director and Chief Executive Officer
Role and responsibilities
Mr. Lin Wen Chang is responsible for the day-to-day management of affairs of the Company and the Group. He is also overseeing the daily operations of Company s subsidiary, Jinjiang Lianjie Textile Printing & Dyeing Industrial Co., Ltd as well as helming the production, R&D, procurement, administration and HR departments.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
none
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
none
Present
Jinjiang Lianjie Textile Printing & Dyeing Industrial Co., Ltd.