Change - Announcement of Cessation::Cessation of General Manager of the Company

Issuer & Securities

Issuer/ Manager
ZHONGXIN FRUIT AND JUICE LIMITED
Securities
ZHONGXIN FRUIT AND JUICE LTD - SG1P25916898 - 5EG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Mar-2023 17:27:05
Status
New
Announcement Sub Title
Cessation of General Manager of the Company
Announcement Reference
SG230309OTHRAQ3U
Submitted By (Co./ Ind. Name)
Liu Yu
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of General Manager

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor"), for compliance with the relevant rules of the ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan Senior Vice President, at 8 Anthony Rd, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Ma Fei
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
24/03/2023
Detailed Reason (s) for cessation
Mr Ma Fei is stepping down as the General Manager of the Group as part of the reshuffling exercise by SDIC Zhonglu Fruit Juice Co., Ltd., a controlling shareholder of the Company.

Based on its enquiries, the Company's sponsor, UOB Kay Hian Private Limited, is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Ma Fei as General Manager of the Company.
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
05/08/2016
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager
Role and responsibilities
Mr Ma Fei is responsible for the overall operations of the Group.
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
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil