Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
HU AN CABLE HOLDINGS LTD.
Securities
HU AN CABLE HOLDINGS LTD. - SG1Z40953700 - KI3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Sep-2019 08:55:15
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG190924OTHRXWDH
Submitted By (Co./ Ind. Name)
Gao Hong
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Soh Yeow Hwa as Independent Director

Additional Details

Name Of Person
Soh Yeow Hwa
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
18/09/2019
Detailed Reason (s) for cessation
Disagreement with management on the priorities of managing the Group's disclosures, compliance and restructuring issues including working towards holding of the AGM of 2015
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?
Yes
If Yes, Please provide full details
Disagreement with management on the priorities of managing the group's disclosures, compliance and restructuring issues including working towards the holding of AGM of 2015.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Management inaction with respect to engagement with creditors of the Group which puts the Group at risk.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
04/05/2015
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and a member of Audit, Remuneration and Risk Management Committees
Role and responsibilities
As per roles and responsibilities of Audit, Remuneration and Risk Management Committees
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?
Yes
Shareholding Details
Mr Soh holds 20,000 ordinary shares in Hu An Cable Holdings Ltd.
Past (for the last 5 years)
Renewable Energy Asia Power Pte Ltd
Environmental Infrastructure Resources Pte Ltd
Present
Ace Achieve Infocom Limited
Hu An Electric Singapore Pte Ltd
General Pacific Power Pte Ltd
Auric 3 Pte Ltd
Yixing Jeffcon Pte Ltd
HQ Environment Pte Ltd
SNG International Pte Ltd
HQ Environment Pte Ltd
Golden Sands Seafood Pte Ltd