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

Issuer & Securities

Issuer/ Manager
COMBINE WILL INTL HLDGS LTD
Securities
COMBINE WILL INTL HLDGS LTD - KYG229811156 - N0Z
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2024 22:26:26
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG240425OTHR6G21
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Hu Hou Zhi as Independent Non-Executive Director

Additional Details

Name Of Person
Hu Hou Zhi
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Hu Hou Zhi will be stepping down from his position as Independent Non-Executive Director in order to facilitate the renewal of the Board and to focus on his other appointments and business.

Accordingly, Mr. Hu will relinquish his appointment as a member of each of the Audit Committee, the Nominating Committee and the Remuneration Committee.

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
16/06/2020
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Role and responsibilities
Audit Committee Member
Nominating Committee Member
Remuneration Committee Member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
209,100 shares
Past (for the last 5 years)
Chairman, Fortman Fund (Beijing) Science & Technology Investment Co., Ltd.

Present
Director, Fortman Fund (Beijing) Clean
Energy Technology Co., Ltd