Change - Announcement of Cessation::Cessation of Executive Director
Issuer & Securities
SUNTAR ECO-CITY LIMITED
SUNTAR ECO-CITY LIMITED - SG1V36936952 - CZ3
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Executive Director
Submitted By (Co./ Ind. Name)
Dr Lan Weiguang
Non-Independent Non-Executive Director
Description (Please provide a detailed description of the event in the box below)
Upon his resignation as Executive Director, Mr Lan Chunguang remains as the Chief Executive Officer of the Company.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Lan resigned as the Executive Director of the Company with effect from 8 May 2015.
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?
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 Chief Executive Officer
Role and responsibilities
Responsible for the overall management and strategic development of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Lan Chunguang is a brother of Dr Lan Weiguang, the Non-Executive and Non-Independent Chairman of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Direct interest: 585,000 ordinary shares
Past (for the last 5 years)