Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
FABCHEM CHINA LIMITED
Securities
FABCHEM CHINA LIMITED - SG1BH7000002 - BFT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Aug-2022 16:21:05
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG220803OTHRZSLM
Submitted By (Co./ Ind. Name)
Tan Jit Meng
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director

Additional Details

Name Of Person
Jiang Rongguang
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
03/08/2022
Detailed Reason (s) for cessation
Pursuant to the terms and conditions of the sale and purchase agreement in connection with the Proposed Acquisition
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
11/10/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, member of the Audit, Nominating and Remuneration Committees
Role and responsibilities
Non-Executive / Independent
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Chief Technical Specialist in initiation systems of the Commercial Explosives
Technology of Nanjing University Of Science and Technology
Present
Member of the Editorial Board of the Commercial Explosives magazine