Change - Announcement of Cessation::Cessation of Executive Director, members of Investment Committee and CSR Committee

Issuer & Securities

Issuer/ Manager
CHINA FISHERY GROUP LIMITED
Securities
CHINA FISHERY GROUP LIMITED - KYG211001212 - B0Z
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Feb-2016 23:53:36
Status
New
Announcement Sub Title
Cessation of Executive Director, members of Investment Committee and CSR Committee
Announcement Reference
SG160229OTHRRJIC
Submitted By (Co./ Ind. Name)
Lynn Wan Tiew Leng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Executive Director who is also members of the Investment Committee and the Corporate Social Responsibility Committee.

Additional Details

Name Of Person
Ng Joo Siang
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
21/01/2016
Detailed Reason (s) for cessation
The cessation gives effect to the long term succession planning for the leadership of the Company which provides for the development of the skills of younger management so that leadership of the Company can be passed on seamlessly and in a timely manner. Under the plan, Ms Ng Puay Yee (Jessie) has been building on her many years of experience within the Company, enhancing the skills necessary to successfully lead the management 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
25/04/2006
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.)
Executive Director, members of the Investment Committee and the Corporate Social Responsibility Committee
Role and responsibilities
Executive Director, members of the Investment Committee and the Corporate Social Responsibility Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Ng Joo Kwee and Ng Puay Yee (Jessie)
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Please see attached Appendix
Present
N.S. Hong Investment (BVI) Limited

Attachments

Appendix_Directorships_NJS.pdf
Total size =254K