Change - Announcement of Cessation::Resignation of General Manager of the Group's Subsidiaries in Malaysia

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
16-Mar-2021 20:41:25
Status
New
Announcement Sub Title
Resignation of General Manager of the Group's Subsidiaries in Malaysia
Announcement Reference
SG210316OTHRPT1S
Submitted By (Co./ Ind. Name)
Zhong Yuzhao
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of General Manager of the Group's Subsidiaries in Malaysia

Additional Details

Name Of Person
Tang Zhonghua
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2021
Detailed Reason (s) for cessation
To pursue new career opportunity in finance industry.
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
01/03/2017
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)
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 of the Group's Subsidiaries in Malaysia
Role and responsibilities
Mr Tang is responsible for the financing affairs of project development of the Group, both in the People's Republic of China and overseas.
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)
N.A.
Present
N.A.