Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD
Securities
FUJIAN ZHENYUN PLAS IND CO LTD - CNE1000007L2 - 5KT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Oct-2016 17:26:13
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG161007OTHRB49U
Submitted By (Co./ Ind. Name)
Shirley Tan
Designation
Company Secretary
Effective Date and Time of the event
07/10/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by its Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

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 correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Ong Hwee Li (Tel: (65) 6221 5590) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Kek Sin Shen, Steve
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
07/10/2016
Detailed Reason (s) for cessation
Due to personal work commitments. The Sponsor after having interviewed Mr Kek Sin Shen, Steve ("Mr Steve Kek"), is not aware of any other material reasons for the resignation of Mr Steve Kek as an Independent Director.

The Company wishes to record its appreciation to Mr Steve Kek for his contributions to 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
22/05/2013
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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.)
Member of Audit Committee, Chairman of Nominating Committee and Remuneration Committee
Role and responsibilities
Member of Audit Committee, Chairman of Nominating Committee and Remuneration Committee
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)
1. Teledata (Singapore) Limited
2. Riseanew Pte Ltd
3. GS Holdings Limited
Present
1. SIEG Capital Pte Ltd
2. Wasser Media Pte Ltd
3. India Infrastructure Fund (Singapore) Pte Ltd
4. Onwards Media Group Pte Ltd
5. CCL Capital Pte Ltd
6. Cloudzen Pte Ltd
7. OMG Capital Pte Ltd