Change - Announcement of Cessation::Resignation of CEO

Issuer & Securities

Issuer/ Manager
CHINA YUANBANG PROP HLDGS LTD
Securities
CHINA YUANBANG PROP HLDGS LTD - BMG2159Z1005 - B2X
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-May-2015 18:28:38
Status
New
Announcement Sub Title
Resignation of CEO
Announcement Reference
SG150508OTHRSZ33
Submitted By (Co./ Ind. Name)
Stephen Chong Ching Hoi
Designation
Chief Financial Officer/ Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of CEO

Additional Details

Name Of Person
Zhou Xiaoxiong
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
08/05/2015
Detailed Reason (s) for cessation
Due to health reason.
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
18/06/2007
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)
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.)
Chief Executive Officer
Role and responsibilities
Responsible for the Group's property development strategies including sourcing new business opportunities and overseeing the day-to-day operations of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None
Present
None