Change - Announcement of Cessation::CESSATION OF GENERAL MANAGER OF A SUBSIDIARY

Issuer & Securities

Issuer/ Manager
SINOSTAR PEC HOLDINGS LIMITED
Securities
SINOSTAR PEC HOLDINGS LIMITED - SG1V73937608 - C9Q
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Oct-2022 19:51:28
Status
New
Announcement Sub Title
CESSATION OF GENERAL MANAGER OF A SUBSIDIARY
Announcement Reference
SG221001OTHR1OTR
Submitted By (Co./ Ind. Name)
LI XIANG PING
Designation
CEO AND EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Cessation of General Manager Of Dongming Hengchang Petrochemical Co., Ltd.

Additional Details

Name Of Person
Li Bing Wei
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
26/09/2022
Detailed Reason (s) for cessation
To pursue other opportunity.
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
28/08/2018
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General manager of Donging Hengchang Petrochemical Co., Ltd.
Role and responsibilities
responsible and oversees the Overall management of Domgning Hengchang Petrochemical Co., Ltd.
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?
No
Past (for the last 5 years)
Dongming Hengchang Petrochemical Co., Ltd.
Present
None