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

Issuer & Securities

Issuer/ Manager
CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD
Securities
CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Dec-2020 19:41:06
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive, Non-Independent Director
Announcement Reference
SG201209OTHRIBH2
Submitted By (Co./ Ind. Name)
Doreen Nah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Change of CNAF-Nominee Director and Chairman of the Board of Directors of the Company.

Additional Details

Name Of Person
Xi Zhengping
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
09/12/2020
Detailed Reason (s) for cessation
Dr. Xi Zhengping has ceased to be the General Manager and Director of China National Aviation Fuel Group Limited ("CNAF"), a substantial shareholder of the Company.

The Board expresses its deep appreciation to Dr. Xi for his leadership and invaluable contributions to the Board and the Company during his tenure of service.
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
06/02/2017
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)
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-Executive, Non-Independent Director,
Chairman of the Board
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
China National Aviation Fuel Group Limited (Director)
Present
Nil