Change - Announcement of Cessation::Resignation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
CHINA ESSENCE GROUP LTD.
Securities
CHINA ESSENCE GROUP LTD. - KYG2111N1043 - G54
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Aug-2015 17:27:35
Status
New
Announcement Sub Title
Resignation of Non-Executive Director
Announcement Reference
SG150803OTHRRV5B
Submitted By (Co./ Ind. Name)
Yap Kong Wai
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Director.

Additional Details

Name Of Person
Leung Yik Man Lawrence
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
03/08/2015
Detailed Reason (s) for cessation
Pave way for Board Restructuring
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
23/08/2013
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 Director
Role and responsibilities
Providing strategic corporate and financial advisory in the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
1) Honour Wealth International Limited

2) China Essence Group Limited (Hong Kong)

3) Deacons Group Holding Limited

4) Luck Sky Investments Limited