Change - Announcement of Cessation::RESIGNATION OF EXECUTIVE DIRECTOR.

Issuer & Securities

Issuer/ Manager
NUTRYFARM INTERNATIONAL LIMITED
Securities
NUTRYFARM INTERNATIONAL LTD - BMG6700D1048 - AZT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2022 17:44:00
Status
New
Announcement Sub Title
RESIGNATION OF EXECUTIVE DIRECTOR.
Announcement Reference
SG220402OTHRRFE5
Submitted By (Co./ Ind. Name)
WU YONGQIANG
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF EXECUTIVE DIRECTOR.

Additional Details

Name Of Person
CHENG MENG
Age
32
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2022
Detailed Reason (s) for cessation
Cheng Meng requested that he steps down from his position as an executive director of the Company to focus on finishing the Thai Operations Accounting Records to enable the Company and the Group to meet its financial reporting and audit obligations. Notwithstanding, Cheng Meng will remain as a director of Global Agricapital (Thailand) Co., Ltd, the Group's subsidiary, and an executive of the Company.
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?
Yes
If Yes, Please provide full details
Please refer to "General Announcement" titled "(1) APPOINTMENT OF EXECUTIVE DIRECTOR AND (2) RESIGNATION OF DIRECTOR" released separately today.
Date of Appointment to current position
11/02/2022
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
8
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director.
Role and responsibilities
Responsibilities an an Executive Director.
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
13,300,000 shares
Past (for the last 5 years)
One Family (Thai) Company Limited
Present
Nil