Change - Announcement of Cessation::Resignaton of Independent Director - Kevin Miu

Issuer & Securities

Issuer/ Manager
DEBAO PROPERTY DEVELOPMENT LTD.
Securities
DEBAO PROPERTY DEVELOPMENT LTD - SG1CH6000001 - BTF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Feb-2024 19:32:11
Status
New
Announcement Sub Title
Resignaton of Independent Director - Kevin Miu
Announcement Reference
SG240222OTHR2KYG
Submitted By (Co./ Ind. Name)
Zhong Yuzhao
Designation
CEO
Effective Date and Time of the event
22/02/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignaton of Independent Director - Kevin Miu

Additional Details

Name Of Person
Miu Ka Keung Kevin
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
21/02/2024
Detailed Reason (s) for cessation
Mr Miu has resigned in pursuit of personal interest. Following his resignation, Mr Miu also ceases to be Chairman of the Remuneration Committee and member of the Audit and Nominating Committees.
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
25/02/2019
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the RC, and member of the AC and NC
Role and responsibilities
Assume the roles and responsibilities of an Independent Director, Chairman of the Remuneration Committee and member of the Audit and Nominating Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
Vinco Capital Limited