Investor Relations
Change - Announcement Of Cessation As Non-Executive Director
BackApr 27, 2015
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Non-Executive Director |
| Securities | UNITED ENVIROTECH LTD (UTDENV) |
| Date & Time of Broadcast | Apr 27, 2015 17:11 |
| Submitted By | Dr Lin Yucheng Executive Director and Chief Executive Officer |
| Description | Cessation as Non-Executive Officer |
| Cessation Details | |
| Name of person | Li Yan |
| Age | 36 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 24, 2015 |
| Detailed reason(s) for cessation | There has been a change in Controlling Shareholder of the Company, and as a result, a change to the composition of the Board. Dr Li Yan's cessation as a Director of the Board is to facilitate the appointment of new Board Members nominated by the Controlling Shareholder, CKM (Cayman) Company Limited. |
| 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 | Aug 6, 2012 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 3 |
| Job Title | Non-Executive Director |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | NIL |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | NIL |
| Present | NIL |