Change - Announcement of Cessation::Resignation of Director

Issuer & Securities

Issuer/ Manager
CHINA OVERSEAS GRAND OCEANS FINANCE (CAYMAN) LIMITED
Securities
CHINAOVERSGOFHK$2.2B2%CB170321 - XS0759818643 - 7ZXB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Dec-2014 17:32:12
Status
New
Announcement Sub Title
Resignation of Director
Announcement Reference
SG141217OTHRNKTQ
Submitted By (Co./ Ind. Name)
Xiang Hong
Designation
Director
Effective Date and Time of the event
17/12/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mr. Chen Bin has resigned as director of China Overseas Grand Oceans Group Limited and China Overseas Grand Oceans Finance (Cayman) Limited with effect from 17 December 2014.

Additional Details

Name Of Person
Chen Bin
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
17/12/2014
Detailed Reason (s) for cessation
Change in work posting
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
27/02/2010
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)
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.)
Executive Director
Role and responsibilities
Day-to-day management
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
Other Directorships
Past (for the last 5 years)
China Overeas Land & Investment Limited (Director)
11/2006 - 3/2012
Present
Director and assistant general manager of China Overseas Holdings Limited