Change - Announcement of Cessation::Cessation of Executive Director

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
04-Dec-2020 20:48:01
Status
New
Announcement Sub Title
Cessation of Executive Director
Announcement Reference
SG201204OTHR64X2
Submitted By (Co./ Ind. Name)
HUANG YUPENG
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Director

Additional Details

Name Of Person
Zhu Jun
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
04/12/2020
Detailed Reason (s) for cessation
The Ordinary Resolution 4 of the Company's Annual General Meeting held on 4 December 2020 ("AGM") on re-election of Mr Zhu Jun was not carried. Accordingly, Mr Zhu Jun ceased to be a Director of the Company upon the conclusion of the AGM.
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
19/01/2012
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Executive, responsible for the corporate investment of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Zhu holds 4,127,588 options of the Company
Past (for the last 5 years)
Nil
Present
Nil