Change - Announcement of Cessation::Announcement Sub Title Cessation of Non-Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
SUNMOON FOOD COMPANY LIMITED
Securities
SUNMOON FOOD COMPANY LIMITED - SG1AA2000004 - AAJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2018 17:24:35
Status
New
Announcement Sub Title
Announcement Sub Title Cessation of Non-Independent and Non-Executive Director
Announcement Reference
SG181231OTHRVH4K
Submitted By (Co./ Ind. Name)
Mdm Chia Lay Beng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Independent and Non-Executive Director

Additional Details

Name Of Person
WANG AI
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2018
Detailed Reason (s) for cessation
To pursue personal interest
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
27/10/2017
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Member of Remuneration Committee, Member of Nominating Committee, Member of Audit & Risk Committee and Member of Board of Directors
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?
No
Past (for the last 5 years)
2017: Senior Vice President, Corporate Development and Investments at Yiguo Group.
2003-2017: Vice President, Corporate Development and Investments at Global Sources.
Present
1. Senior Vice President, Corporate Development and Investments in Shanghai Yiguo E-Commerce Co. Ltd.
2. President in Yiguo Hong Kong.