Change - Announcement of Cessation::Cessation of Independent Non-Executive Director
Issuer & Securities
CHINA SUNSINE CHEMICAL HOLDINGS LTD.
CHINA SUNSINE CHEM HLDGS LTD - SGXE54479022 - QES
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Non-Executive Director
Submitted By (Co./ Ind. Name)
Xu Cheng Qiu
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Lye Heng Paul as Independent Non-Executive Director and Member of Audit Committee.
Name Of Person
Tan Lye Heng Paul
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Tan Lye Heng Paul was due for retirement by rotation under Article 104 of the Company's Constitution at the Company's annual general meeting held on 27 May 2020 ("AGM"), and did not seek re-election as he has served on the Board for an aggregate period of more than 9 years. Accordingly, he has retired as Independent Director and Member of the Audit Committee after the conclusion 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.)
Independent Director, AC Member
Role and responsibilities
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?
Direct interest in the issuer: 400,000 ordinary shares
Past (for the last 5 years)
Sin Ghee Huat Corporation Ltd.
- Serial System Ltd
- Second Chance Properties Ltd