Change - Announcement of Cessation::Cessation of Executive Director and Chief Operating Officer
Issuer & Securities
CHINA KUNDA TECHNOLOGY HOLDINGS LIMITED
CHINA KUNDA TECH HOLDINGS LTD - SG1X41941300 - GU5
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Executive Director and Chief Operating Officer
Submitted By (Co./ Ind. Name)
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Executive Director and Chief Operating Officer ("COO")
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor,
PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading
Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Joseph Au, Associate Director, Continuing Sponsorship (Mailing Address: 16
Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: firstname.lastname@example.org).
Name Of Person
Yang Jinbiao ("Mr Yang")
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue personal interest.
Other than as disclosed in this announcement, there are no other reasons for the cessation of Mr Yang as an Executive Director and COO of the Company.
Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in the announcement, there are no material reasons for the resignation of Mr Yang as an Executive Director and COO of the Company.
The Company expresses its gratitude to Mr Yang for his valuable contributions during his tenure of service.
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?
If Yes, Please provide full details
The role and responsibilities of Mr Yang will be undertaken by the Executive Chairman and CEO, Mr Cai Kaoqun.
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.)
Executive Director and COO
Role and responsibilities
Responsible for managing the overall operations of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Deemed interest of 19,200,000 ordinary shares of the Company
Past (for the last 5 years)
Beijing Baiju Automobile Component Co., Ltd
Kunda Mould (Shenzhen) Co., Ltd.
Good Moral Technology Limited
Shenzhen Kunda Precision Mould Co., Ltd.