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

Issuer & Securities

Issuer/ Manager
ZHONGXIN FRUIT AND JUICE LIMITED
Securities
ZHONGXIN FRUIT AND JUICE LTD - SG1P25916898 - 5EG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Dec-2022 17:35:49
Status
New
Announcement Sub Title
Resignation of Non-Executive Director
Announcement Reference
SG221212OTHRBLNQ
Submitted By (Co./ Ind. Name)
Liu Yu
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor"), for compliance with the relevant rules of the ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan Senior Vice President, at 8 Anthony Rd, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Xiaoyao
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
27/12/2022
Detailed Reason (s) for cessation
Mr Xiaoyao was a nominated board representative of SDIC Zhonglu Fruit Juice Co., Ltd. ("SDICZL"), a controlling shareholder of the Company. Mr Xiaoyao has been seconded to Europe by SDICZL and accordingly resigned as a director of the Company.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the announcement, there are no material reasons for the cessation of Mr Xiaoyao as the Non-Executive Director of the Company.
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
17/08/2020
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)
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.)
Non-Executive Director
Member of the Audit Committee, Nominating Committee and Remuneration Committee
Role and responsibilities
Non-Executive Director
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?
No
Past (for the last 5 years)
Nil
Present
Nil