Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
SOUTHERN PACKAGING GROUP LIMITED
Securities
SOUTHERN PACKAGING GROUP LTD - SG1CG0000009 - BQP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Feb-2017 17:05:38
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG170227OTHRPZXG
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Pan Zhao Jin as Executive Director of the Company.

Additional Details

Name Of Person
Pan Zhao Jin
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date
27/02/2017
Detailed Reason (s) for cessation
Mr Pan Zhao Jin voluntarily resigned as Executive Director of the Company to facilitate compliance with Guideline 2.2 of the Code of Corporate Governance 2012 adopted by the Nominating Committee and the Board.
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?
Yes
If Yes, Please provide full details
Following Mr Pan Zhao Jin's resignation as a director of the Company, he assumes the role of Deputy Chief Operating Officer of the Company as announced separately today.
Date of Appointment to current position
01/02/2011
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)
3
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.)
Executive Director
Role and responsibilities
Roles and responsibilities as an Executive Director of the Company and he was also responsible for marketing and business development for the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Pan Shun Ming, the Executive Chairman and CEO and substantial shareholder of the Company; and Madam Mai Shuying, the Executive Director and substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest in the ordinary shares of the Company held by his parents:

- 27,384,697 shares held directly by Mr Pan Shun Ming; and
- 13,739,015 shares held directly by Madam Mai Shuying
Past (for the last 5 years)
Southern Packaging Group Limited
Present
Foshan Energetic Film Co., Ltd
Striving Asset Management Co., Ltd
Foshan Jia Xun Real Estate Co., Ltd
Foshan Jia Bang Real Estate Co., Ltd
Thrive United Holdings Ltd
Cappella Holding Pte Limited
Foshan Jia Yu Corporate Advisory Co., Ltd
Unibott Technology Incorporation
Foshan Jia Bei Le Property Management Co., Ltd
GuangDong Donald Food Co., Ltd

Attachments

SPGL-Change of Directors-General.pdf
Total size =406K