Change - Announcement of Cessation::Cessation of Non-Executive Director of the Company

Issuer & Securities

Issuer/ Manager
SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED
Securities
SINO GRANDNESS FOOD IND GP LTD - SG2G19997136 - T4B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Feb-2019 00:26:13
Status
New
Announcement Sub Title
Cessation of Non-Executive Director of the Company
Announcement Reference
SG190201OTHRVINJ
Submitted By (Co./ Ind. Name)
HUANG YUPENG
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
Mr Chalermchai Mahagitsiri has on 31 January 2019 ceased to be a Non-Executive Director of the Company.

Additional Details

Name Of Person
Chalermchai Mahagitsiri
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2019
Detailed Reason (s) for cessation
Mr. Chalermchai Mahagitsiri has resigned as a Non-Executive Director of the Company to devote more time to his other work commitments.
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
13/02/2015
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Chalermchai Mahagitsiri has no family relationship with any director of the Company or its principal subsidiaries. He is deemed interested in the shares held by Soleado Holdings Pte. Ltd., a wholly-owned subsidiary of Thorensen Thai Agencies Public Company Limited, by virtue of Section 7 of the Companies Act.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interested in 130,488,508 shares of the Company held by Soleado Holdings Pte. Ltd. and PM Group Company Limited
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments