Change - Announcement of Cessation::Cessation of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
JIUTIAN CHEMICAL GROUP LIMITED
Securities
JIUTIAN CHEMICAL GROUP LIMITED - SG1V71937527 - C8R
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2018 19:18:09
Status
New
Announcement Sub Title
Cessation of Non-Executive and Non-Independent Director
Announcement Reference
SG180131OTHR6QC7
Submitted By (Co./ Ind. Name)
Zhou Hongxuan
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Mr Huo Xiaofan has resigned as a Non-Executive and Non-Independent Director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the 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 announcement.

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 Lance Tan, Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Additional Details

Name Of Person
Huo Xiaofan
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
01/02/2018
Detailed Reason (s) for cessation
Mr Huo Xiaofan ("Mr Huo") has resigned as part of the reconstitution of the Board of Directors of the Company.

Based on its enquires, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Huo as a Non-Executive and Non-Independent Director of 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
20/03/2012
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non Executive and Non-Independent Director.
Role and responsibilities
Perform functions of Non-Executive and Non-Independent Director.
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)
Anyang Jiujiu Chemical Technology Co., Ltd
Anyang Longyu (HK) Development Co., Ltd
Present
NIL