Change - Announcement of Cessation::Retirement of Lead Independent Director at Annual General Meeting
Issuer & Securities
CHINA SPORTS INTERNATIONAL LIMITED
CHINA SPORTS INTL LIMITED - BMG215901155 - FQ8
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Lead Independent Director at Annual General Meeting
Submitted By (Co./ Ind. Name)
Nicole Tan Siew Ping
Description (Please provide a detailed description of the event in the box below)
The Board would like to record its appreciation to Ms Lai for her contribution and guidance to the Group during her tenure.
The Board is currently looking for a suitable replacement and will make an announcement in due course.
Name Of Person
Lai Chin Yee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Lai Chin Yee wishes to retire at the conclusion of the Company's Annual General Meeting ("AGM") and declined nomination of re-election. Upon her retirement as Lead Independent Director, she ceased to be the Chair of the Audit Committee, a member of the Remuneration and Nomination Committees of the Company upon the close of the AGM.
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.)
Lead Independent Director, Chair of Audit Committee, Member of Remuneration Committee and Nominating Committee.
Role and responsibilities
Duties as Chair or Member of the Board Committees on which she served.
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?
Past (for the last 5 years)
CCM Group Limited
Qian Hu Corporation Limited
Ryobi Kiso Holdings Ltd
Micro-Mechanics (Holdings) Limited