Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
CHINA MED (INTL) W180329 - SG9QB8991245 - 5VNW
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2017 18:25:59
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by China Medical (International) Group Limited (the Company) and its contents have been reviewed by the Company's 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, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Tan Kai Teck
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other career opportunities.

Based on its enquiries, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in the announcement, there are no material reasons for the resignation of Mr Tan Kai Teck as the Chief Financial Officer of the Company. In addition, there are no concerns with regards to financial reporting that led to the resignation of the Company's Chief Financial Officer and there are no disagreements between the Chief Financial Officer and the Board of Directors of the Company with regards to practices that will have an impact to the Company's financial reporting.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for overseeing the Group's financial and management accounting, treasury, taxation and other corporate and regulatory compliance matters.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
AP Fund Management Pte. Ltd.
APG Foods Pte Ltd
APG Strategic Investment Pte. Ltd.
Auric Asset Management Pte Ltd
Auric Pacific (International) Pte Ltd
Top-One Foods Pte. Ltd. (Formerly known as Auric Pacific Fine Wines Pte Ltd)
Auric Pacific Food Industries Pte Ltd
Auric Pacific Food Retail Pte. Ltd.
Auric Pacific Investment Holdings Pte. Ltd.
Auric Pacific Investment Pte. Ltd.
Auric Pacific Marketing Pte Ltd
Auric Pacific Realty Pte. Ltd.
Auric Property Pte Ltd
Centurion Marketing Pte Ltd
Charm Fit Pte. Ltd.
Chunex Pte. Ltd.
Cuisine Continental Pte. Ltd.
Cuisine Creations Pte. Ltd.
Delifrance Asia Ltd
Delifrance Singapore Pte Ltd
Edmontor Investments Pte Ltd
Gourmet Foods Pte Ltd
Maxreal Property Investment Pte. Ltd.
Milford Sound Pte. Ltd.
Nouvelle Carte Asia Pte Ltd
Red Oasis Pte. Ltd.
Sunshine Manufacturing Pte Ltd
Auric Pacific Food Manufacturing Pte. Ltd. (Formerly known as Top-One Foods Pte Ltd)
Food Junction Holdings Limited
Eggs & Berries Pte. Ltd.
Eggs & Berries (Singapore) Pte. Ltd.
Food Junction International Pte Ltd
Food Junction Management Pte Ltd
Food Junction Singapore Pte Ltd
Food Junction (China) Pte. Ltd.
Food Culture Pte Ltd
FNC International Pte. Ltd.
Lifestyle Dining Pte. Ltd.
LP+Tetsu Pte. Ltd.
Malones Holdings Pte. Ltd.
Medzs Pte. Ltd.
Medzs (Singapore) Pte. Ltd.
Star Party Pte. Ltd.
The Boxing Crab Pte. Ltd.
Wan Style Pte. Ltd.
Wan Style (Singapore) Pte. Ltd.
Zutis Pte. Ltd.
Delifrance (HK) Limited
Cuisine Continental (HK) Limited
Sunshine Services (HK) Limited
LCR Catering Services Limited
Malone's Limited
Maibo Restaurant Management (Shanghai) Co., Ltd
Food Junction Beijing Co., Ltd
Shanghai Delifrance Foodstuff Co., Ltd
PT. FJ Square
PT. Auric Pacific Marketing Indonesia
All Around Limited
Auric Pacific China Limited
Gainfield Holdings Limited
Gryphon Global Pte Ltd
CMIG Ren Feng Medical (Nanshan) Limited
CMIG Ren Feng Medical (Futian) Limited
CMIG Ren Feng Med-Biotechnology Limited
CMIG GY Sales Limited

The above subsidiaries are part of the Group and the Board will take steps to procure the cessation of Mr Tan Kai Teck's directorships in such subsidiaries as he is no longer an employee of the Group.