Change - Announcement of Cessation::Resignation of Mr Leow Yong Kin as Lead Independent Director of the Company
Issuer & Securities
CHINA STAR FOOD GROUP LIMITED
CHINA STAR FOOD GROUP LIMITED - SG1CE1000003 - 42W
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Mr Leow Yong Kin as Lead Independent Director of the Company
Submitted By (Co./ Ind. Name)
Lim Kok Meng
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Leow Yong Kin as Lead Independent Director of the Company.
This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. ( Sponsor ) for compliance with the Singapore Exchange Securities Trading Limited ( SGX-ST ) Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST.
The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Lance Tan, Director, Continuing Sponsorship (Mailing address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: email@example.com).
Name Of Person
Leow Yong Kin
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Leow has recently been engaged as a full-time Chief Financial Officer with another company and he is stepping down as a Director of the Company to reduce his secondary commitment and to concentrate on his full-time job.
The Company is presently seeking suitable candidate(s) for its Board and board committees and will announce any new appointment in due course.
Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Leow Yong Kin as the Lead Independent Director of the Company.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director
Chairman of Audit Committee
Chairman of Nominating Committee
Member of Remuneration Committee
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
China Taisan Technology Group Holdings Limited
Foreland Fabrictech Holdings Limited
China Sports International Limited
China Fibretech Ltd