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

Issuer & Securities

Issuer/ Manager
DEBAO PROPERTY DEVELOPMENT LTD.
Securities
DEBAO PROPERTY DEVELOPMENT LTD - SG1Z71955905 - K2M
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2016 17:42:54
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG160427OTHRQO1A
Submitted By (Co./ Ind. Name)
Yuan Le Sheng
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive Director at the conclusion of the Annual General Meeting on 27 April 2016.

Additional Details

Name Of Person
Zheng Li Hua
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2016
Detailed Reason (s) for cessation
Ms Zheng Li Hua has decided to retire and not seek re-election at the Annual General Meeting of the Company
on 27 April 2016.
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
20/08/2009
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.)
Non-Executive Director, Member of the Nominating 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
Ms Zheng Li Hua is the spouse of the Company's Executive Chairman and CEO, Mr Yuan Le Sheng.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 607,374,978 ordinary shares in Debao Property Development Ltd.
Past (for the last 5 years)
Nil
Present
Nil