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

Issuer & Securities

Issuer/ Manager
PHARMESIS INTERNATIONAL LTD.
Securities
PHARMESIS INTERNATIONAL LTD. - SG1BH6000003 - BFK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jul-2016 17:10:44
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG160701OTHRWM08
Submitted By (Co./ Ind. Name)
Mr Jiang Yun
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

Additional Details

Name Of Person
Pu Weidong
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2016
Detailed Reason (s) for cessation
Reference is made to the announcement made earlier by the Company on 4 May 2016.

Mr Pu Weidong has given a voluntary undertaking to Monetary Authority of Singapore not to be a company director or be involved in the management of the Company for a period of one (1) year with effect from 3 July 2016.
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
01/01/2011
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and a member of Audit, Nominating and Remuneration Committees
Role and responsibilities
The duties, role and responsibilities of an Independent Non-Executive Director, and a member of Audit, Nominating and Remuneration Committees.
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)
1. Atontech (Singapore) Pte. Ltd.
2. Hansen Eco-energy Pte Ltd.
Present
1. Sinopipe Holdings Limited
2. Triumpus Capital Ltd
3. Triumpus Assets Management Pte Ltd
4. Triumpus Capital (International) Ltd
5. Fujian Aton Advanced Materials Science and Technology Co., Ltd
6. Best Connect Resources Limited
7. One Sea Development Ltd.
8. Eagle Super Associates Limited
9. Sinopipe Guizhou Co.Ltd.
10.Sichuan Aton PlasticsCo., Ltd.
11.Yatong Plastic (Hubei) Co.,Ltd.
12.Xinjiang Aton PlasticsCo., Ltd.
13.Beijing Aton Plastics Co., Ltd.
14.Kaifeng Aton Plastics Co., Ltd.
15.Suzhou Hansen Warmer Eco-energy Co., Ltd.