Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR OF THE COMPANY - ZHANG LEI

Issuer & Securities

Issuer/ Manager
CHINA SHENSHAN ORCHARD HOLDINGS CO. LTD.
Securities
CHINA SHENSHAN ORCHARD HLDGS - BMG2860H2096 - BKV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2024 18:47:24
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR OF THE COMPANY - ZHANG LEI
Announcement Reference
SG240930OTHRCJ4K
Submitted By (Co./ Ind. Name)
Zhao Chichun
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms. Zhang Lei as Independent Director of the Company and a member of the Audit Committee ("AC"), the Nominating Committee ("NC") and the Remuneration Committee ("RC").

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Goh Mei Xian, Director, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name Of Person
Zhang Lei
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2024
Detailed Reason (s) for cessation
Ms Zhang Lei has tendered her resignation as Independent Director of the Company to devote more time for her other work and business commitments. Following her cessation, Ms Zhang Lei will cease to be a member of the AC, the NC and the RC.

After having interviewed Ms Zhang Lei and to the best of its knowledge, the Company's Sponsor, ZICO Capital Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Zhang Lei as 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
02/10/2021
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director of the Company and a member of the AC, the NC and the RC
Role and responsibilities
Assumed the roles and responsibilities of Independent Director of the Company, and a member of the AC, the NC and the RC
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?
No
Past (for the last 5 years)
Nil
Present
Nil