Change - Announcement of Cessation::Cessation due to re-designation of job title and area of responsibility

Issuer & Securities

Issuer/ Manager
HI-P INTERNATIONAL LIMITED
Securities
HI-P INTERNATIONAL LIMITED - SG1O83915098 - H17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Nov-2020 18:41:59
Status
New
Announcement Sub Title
Cessation due to re-designation of job title and area of responsibility
Announcement Reference
SG201102OTHRMPVP
Submitted By (Co./ Ind. Name)
Yao Hsiao Tung
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation due to re-designation of job title and area of responsibility

Additional Details

Name Of Person
Zhang ZhiJun
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
02/11/2020
Detailed Reason (s) for cessation
Re-designation of job title and area of responsibility to streamline Company's internal operations and management.
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
18/03/2020
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)
5
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.)
Deputy Executive Vice President of Greater China Operations
Role and responsibilities
Mr. Zhang was responsible in overseeing the Group's operation and project management in China.
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)
Shanghai Sikuan Electronics Engineering Co., Ltd.
Yisi Automation Engineering (Shanghai) Co., Ltd.
Present
Nil