Change - Announcement of Cessation::Resignation of Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
CORDLIFE GROUP LIMITED
Securities
CORDLIFE GROUP LIMITED - SG2E64980112 - P8A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2021 19:44:55
Status
New
Announcement Sub Title
Resignation of Non-Independent Non-Executive Director
Announcement Reference
SG211111OTHRBKLC
Submitted By (Co./ Ind. Name)
Tan Poh Lan
Designation
Executive Director and Group CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Non-Executive Director

Additional Details

Name Of Person
Chang Chien
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
11/11/2021
Detailed Reason (s) for cessation
Mr Chang Chien is a nominee from Mr Hon Kwok Lung ("Mr Hon"). Mr Hon has ceased to be a substantial shareholder.
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
12/12/2019
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)
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.)
Non-Independent Non-Executive Director
Role and responsibilities
Role and responsibilities of a Non-Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Chang is the son-in-law of Mr Hon Kwok Lung, who was an indirect controlling shareholder of Cordlife Group Limited through his companies, Full Day Limited and Sincere View International Limited.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Shun Heng Securities Limited
China Yinsheng International Securities Limited
Present
Citichamp (Holdings) Limited
Outward Shine Limited
AVIC Joy Holdings (HK) Limited
Citychamp Dartong Company Limited