Change - Announcement of Cessation::Retirement of Non-Executive Director
Issuer & Securities
DEBAO PROPERTY DEVELOPMENT LTD.
DEBAO PROPERTY DEVELOPMENT LTD - SG1Z71955905 - K2M
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Non-Executive Director
Submitted By (Co./ Ind. Name)
Yuan Le Sheng
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.
Name Of Person
Zheng Li Hua
Is effective date of cessation known?
If yes, please provide the date
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Member of the Nominating Committee
Role and responsibilities
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?
Deemed interest of 607,374,978 ordinary shares in Debao Property Development Ltd.
Past (for the last 5 years)