Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
CHINA YUANBANG PROP HLDGS LTD
Securities
CHINA YUANBANG PROP HLDGS LTD - BMG2159Z2094 - BCD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jan-2024 17:39:13
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG240112OTHR74E7
Submitted By (Co./ Ind. Name)
Ouyang Sheng
Designation
Director/CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director.

Additional Details

Name Of Person
Chua Siong Kiat
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
11/01/2024
Detailed Reason (s) for cessation
To devote more time and focus on his current and new work commitments.
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
01/10/2022
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)
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.)
Lead Independent Director, Chairman of Audit Committee, a member of Nominating Committee and Remuneration 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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. Axington Inc.
2. Kitchen Culture Holdings Limited
3. China Star Food Group Limited (currently known as Zixin Group Holdings Limited)
4. National Arthritis Foundation
5. Omni Sharing Pte Ltd
6. Nutryfarm International Limited
7. JES International Holdings Limited
8. TEE Infrastructure Private Limited
9. Trans Equatorial Engineering Pte Ltd (in creditors voluntary liquidation)
Present
1. New Silkroutes Group Limited
2. Lighthouse Business Consulting Pte. Ltd.
3. Starwork Vision Pte Ltd
4. Robotic Vision Inc. Pte Ltd
5. Heatec Jietong Holdings Ltd
6. VCI Global Limited (listed on Nasdaq)
7. Ever Glory United Holdings Limited
8. MIT Investment Pte. Ltd.