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

Issuer & Securities

Issuer/ Manager
CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD
Securities
CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2019 20:13:44
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive, Independent Director
Announcement Reference
SG190424OTHRSPLB
Submitted By (Co./ Ind. Name)
Doreen Nah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Deputy Chairman, Lead Independent Director, Chairman of the Remuneration Committee and a Member of the Audit Committee and the Nominating Committee.

Additional Details

Name Of Person
Wang Kai Yuen
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2019
Detailed Reason (s) for cessation
Dr Wang, who was due for retirement by rotation pursuant to Regulation 94 of the Constitution of the Company at the 25th Annual General Meeting of the Company held on 24 April 2019, did not seek re-election as Director. He retired from the Board at the conclusion of the 25th Annual General Meeting 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?
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
28/04/2008
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chairman
Lead Independent Director
Chairman of the Remuneration Committee
Member of the Audit Committee
Member of the Nominating 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
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest in 57,600 ordinary shares of China Aviation Oil (Singapore) Corporation Ltd

Deemed interest in 120,000 ordinary shares of China Aviation Oil (Singapore) Corporation Ltd held through spouse
Past (for the last 5 years)
SuperBowl Holdings Ltd
A-Sonic Aerospace Ltd
Matex International Ltd
Cubee Pte Ltd
Present
ComfortDelgro Corporation Limited (Director)
COSCO Corporation (Singapore) Limited (Director)
Emas Offshore Limited (Director)
Ezion Holdings Limited (Chairman)
Hong Lai Huat Group Limited (Chairman)
Waan Holdings Pte Ltd