Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SAPPHIRE CORPORATION LIMITED
Securities
SAPPHIRE CORPORATION LIMITED - SG1CG4000005 - BRD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Oct-2019 18:51:38
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR
Announcement Reference
SG191024OTHRMBOS
Submitted By (Co./ Ind. Name)
Gwendolyn Gn Jong Yuh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR

Additional Details

Name Of Person
ZHAI GUIWU
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2019
Detailed Reason (s) for cessation
Mr Zhai Guiwu has decided to focus on his work commitments and to pursue other interests.
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
18/12/2017
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)
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 Nominating Committee, and a member of the Audit and Risk Committee and the Remuneration Committee
Role and responsibilities
Independent Director
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 SHENHUA SHENDONG COAL BRANCH COMPANY
SHENHUA SHENDONG COAL GROUP CO., LTD.
Present
NIL