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

Issuer & Securities

Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1160 - AWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Oct-2018 08:18:32
Status
New
Announcement Sub Title
Resignation of Non-Executive Independent Director
Announcement Reference
SG181001OTHR2V05
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Independent Director

Additional Details

Name Of Person
Lim Hian Seong
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2018
Detailed Reason (s) for cessation
To facilitate the renewal of the Board.
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
16/11/2016
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)
3
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.)
Member of Audit Committee, Nominating Committee and Remuneration Committee
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)
Director of Kunshan Ta Chuan Co., Ltd, Kunshan City, Jiangsu China

Managing Director of Weihai Yunchen Foods Co., Ltd
Present
Managing Director of Weihai Yunchen Foods Co., Ltd