Change - Announcement of Cessation::Retirement of an Executive Director
Issuer & Securities
YING LI INTERNATIONAL REAL ESTATE LIMITED
YING LI INTL REAL ESTATE LTD - SG1O24911883 - 5DM
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of an Executive Director
Submitted By (Co./ Ind. Name)
Executive Chairman and Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of an Executive Director and a member of NC
Name Of Person
Yang Xiao Yu
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Yang Xiao Yu is subject to retirement pursuant to Article 106 of the Company's Constitution and did not wish to seek re-election due to personal reasons. Accordingly, she shall retire as an Executive Director and a member of the Nominating Committee at the conclusion of the Annual General Meeting to be held on 29 April 2019.
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.)
Executive Director of the Company and a member of the Nominating Committee
Role and responsibilities
Ms Yang Xiao Yu is responsible of the overall management of administrative affairs and human resources.
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?
Direct interest of 340,664 ordinary shares in the Company
Past (for the last 5 years)