Change - Announcement of Cessation::Announcement of Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Apr-2025 05:48:25
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Non-Executive Director
Announcement Reference
SG250414OTHRHCRS
Submitted By (Co./ Ind. Name)
Dr. Zhang Zhenpeng
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Non-Executive Director

Additional Details

Name Of Person
WANG YINGYANG
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2025
Detailed Reason (s) for cessation
Mr Wang Yingyang ("Mr Wang") is stepping down as an Independent Non-Executive Director for personal reasons.

Mr Wang confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his resignation.

Following his resignation on 29 April 2025, Mr Wang would contemporaneously relinquish his position as the Chairman of the Nominating Committee, and a member of the Audit Committee and Remuneration Committee.
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
30/08/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee
Role and responsibilities
Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Directorships
- Declout Limited
- CB Enterprise Pte Ltd
- CBK Holdings II Pte Ltd
- UTree Technology Pte Ltd
- Wesure Insurance Brokers Pte Ltd
- Gather Asia Pte Ltd
- Tresor or Capital Pte Ltd
- AGM Cloud Pte. Ltd
- Atlas Alpha Pte. Ltd
Present
Directorships
- Atlas Technology Management Pte Ltd
- Lexico Capital Pte Ltd
- Raffles Investment Partners Pte Ltd
- Moomin Trading Pte Ltd
- Singapore Chinese High School
- Berkshire Re Partners Pte Ltd
- Techone Digital Services Pte Ltd
- Techone Digital Holdings Pte Ltd
- Singapore Chinese High Secondary School
- Tan Kah Kee Foundation
- WSPN Technology Sg Pte. Ltd.