Change - Announcement of Cessation::Announcement of Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD
Securities
CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Dec-2017 12:08:42
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Financial Officer
Announcement Reference
SG171211OTHRUPC3
Submitted By (Co./ Ind. Name)
Doreen Nah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Wang Chunyan as Chief Financial Officer of China Aviation Oil (Singapore) Corporation Ltd

Additional Details

Name Of Person
Wang Chunyun
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
11/12/2017
Detailed Reason (s) for cessation
Mr. Wang Chunyan, a secondee of parent company, China National Aviation Fuel Group Corporation ( "CNAF" ) will be assuming another role within the CNAF Group.
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
20/09/2007
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Mr. Wang was responsibile for (i) directing and managing the overall financial plans and accounting practices; and (ii) overseeing the treasury, accounting, budget, tax and audit functions of the Group.
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)
China Aviation Oil (Hong Kong) Company Limited
CNAF Hong Kong Refuelling Limited
Present
CAOT Pte. Ltd.