Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
ANCHUN INTERNATIONAL HOLDINGS LTD.
Securities
ANCHUN INTERNATIONAL HLDGS LTD - SG1CI5000000 - BTX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2017 17:38:03
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG170628OTHRAI4B
Submitted By (Co./ Ind. Name)
Xie Ming
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Li Bin ("Mr Li") as Head of System Design Department of the Company.

Additional Details

Name Of Person
Li Bin
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
28/06/2017
Detailed Reason (s) for cessation
Other personal commitments.

Mr Li will continue to serve as Non-executive Director of the Company's wholly-owned subsidiary, Hunan Anchun Advanced Technology Co., Ltd.
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
29/10/2009
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)
3
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.)
Head of System Design Department
Role and responsibilities
Responsible for the chemical systems engineering and technology design services.
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?
Yes
Shareholding Details
Deemed to be interested in 4,097,500 shares held by Inventive Result Enterprises Limited.
Past (for the last 5 years)
Nil
Present
1. Hunan Anchun Advanced Technology Co., Ltd.
2. Inventive Result Enterprises Limited