Change - Announcement of Cessation::(i) CESSATION OF GENERAL MANAGER (ii) RE-DESIGNATION AS NON-EXECUTIVE NON-INDEPENDENT DIRECTOR

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
23-Apr-2025 17:27:07
Status
New
Announcement Sub Title
(i) CESSATION OF GENERAL MANAGER (ii) RE-DESIGNATION AS NON-EXECUTIVE NON-INDEPENDENT DIRECTOR
Announcement Reference
SG250423OTHR2F7Q
Submitted By (Co./ Ind. Name)
Liu Yu
Designation
Chairman and Non-Executive Non-Independent Director
Description (Please provide a detailed description of the event in the box below)
Cessation of General Manager and re-designation as Non-Executive Non-Independent Director

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the 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 Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Cai Huixin
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2025
Detailed Reason (s) for cessation
Mr Cai Huixin 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. After having interviewed Mr Cai Huixin and to the best of its knowledge, 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 Cai Huixin 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
24/03/2023
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager
Role and responsibilities
Mr Cai Huixin is responsible for the overall operations of the Group. The Company will announce the appointment of Mr Cai's replacement in due course.
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
Past (for the last 5 years)
April 2018 - February 2023: General Manager in Yunnan SDIC Zhonglu Fruit and Juice Ltd
Present
March 2023 - Present: General Manager in Zhongxin Fruit and Juice Limited
January 2024 - Present: Executive Director in Zhongxin Fruit and Juice Limited