Change - Announcement of Cessation::Retirement of an Independent Director who is the Chairman of the Audit Committee

Issuer & Securities

Issuer/ Manager
YING LI INTERNATIONAL REAL ESTATE LIMITED
Securities
YING LI INTL REAL ESTATE LTD - SG1O24911883 - 5DM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2017 17:55:18
Status
New
Announcement Sub Title
Retirement of an Independent Director who is the Chairman of the Audit Committee
Announcement Reference
SG170428OTHRKN04
Submitted By (Co./ Ind. Name)
Fang Ming
Designation
Executive Chairman and Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of an Independent Director who is the Chairman of the Audit Committee

Additional Details

Name Of Person
Christopher Chong Meng Tak
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2017
Detailed Reason (s) for cessation
Mr Christopher Chong is subject to retirement pursuant to Article 106 of the Company's Constitution and did not wish to seek re-election. Accordingly, he retired at the conclusion of the Annual General Meeting and stepped down as the Lead Independent Director and Chairman of the Audit and Nominating Committees.
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
19/12/2007
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)
1
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.)
Lead Independent Director and Chairman of the Audit and Nominating Committees.
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)
(1) Lorenzo International Limited
(2) Koon Holdings Limited
(3) Koda Ltd
(4) Xpress Holdings Limited
(5) ACH Ventures Ltd
Present
(1) ASL Marine Holdings Ltd
(2) GLG Corp Ltd
(3) Forise International Limited (Formerly known as Great Group Holdings Limited)
(4) Emerging Towns & Cities (Singapore) Limited (Formerly known as Cedar Strategic Holdings Ltd.)
(5) Singapore O&G Limited