Change - Announcement of Cessation::Changes in Independent Non-Executive Directors and Members of Audit Committee

Issuer & Securities

Issuer/ Manager
WING TAI PROPERTIES (FINANCE) LIMITED
Securities
WING TAI PROP S$160M4.35%PCN - XS1654179925 - 7J2B
WINGTAIPROP S$170M4.25%N221129 - XS0859438045 - 2MJB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Mar-2018 20:22:24
Status
New
Announcement Sub Title
Changes in Independent Non-Executive Directors and Members of Audit Committee
Announcement Reference
SG180323OTHRLN6S
Submitted By (Co./ Ind. Name)
Henry Chung
Designation
Company Secretary & Group Legal Counsel
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Fang Hung, Kenneth as an independent non-executive director of the Company with effect from the conclusion of the Annual General Meeting which is scheduled to be held on 6 June 2018.

Additional Details

Name Of Person
Fang Hung, Kenneth
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
06/06/2018
Detailed Reason (s) for cessation
Retirement
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
06/08/1997
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)
0
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 Non-Executive Director, Member of each of the Remuneration Committee and the Audit Committee
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. Xiezhong International Holdings Limited
2. Jiangsu Expressway Company Limited
3.Nantong Jianghai Capacitor Co., Ltd.
Present
1. Yeebo (International Holdings) Limited
2. Fang Brothers Holdings Limited
3. The Hong Kong Textile Council
4. The Hong Kong Woollen and Synthetic Knitting Manufacturers' Association

Attachments

e- change of INED.pdf
Total size =95K