Change - Announcement of Cessation::Cessation as Vice President and Redesignation to Non-Executive Director

Issuer & Securities

Issuer/ Manager
GMG GLOBAL LTD
Securities
GMG GLOBAL LTD - SG1BA6000008 - AXJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Aug-2016 20:50:36
Status
New
Announcement Sub Title
Cessation as Vice President and Redesignation to Non-Executive Director
Announcement Reference
SG160801OTHROSM2
Submitted By (Co./ Ind. Name)
LU LING LING
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Redesignation of Director from Executive Director to Non-Executive Director

Additional Details

Name Of Person
Mou Xiangfeng
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
15/08/2016
Detailed Reason (s) for cessation
Re-assignment within the Sinochem Group.
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
01/02/2014
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.)
Executive Director, Vice President, Head of Environment, Health and Safety and Head of Engineering and Procurement of the Group.
Role and responsibilities
Executive. Head of Environment, Health and Safety and Head of Engineering and Procurement of the Group. Mr. Mou will be redesignated as a Non-Executive, Non-Independent Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
GMG Investment Congo SARL - 10 Ordinary Shares
Past (for the last 5 years)
Nil
Present
GMG Investment (S) Pte. Ltd.
GMG International S.A.
Hevecam S.A.
Green Ventures Cameroon S.A.
Tropical Rubber Cote d'Ivoire