Investor Relations
Change - Announcement Of Cessation As Non-Executive Director
BackApr 28, 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Non-Executive Director |
| Date & Time of Broadcast | Apr 28, 2016 19:17 |
| Submitted By | Dr Lin Yucheng Group CEO and Executive Director |
| Description | Cessation as Non-Executive Director |
| Cessation Details | |
| Name of person | Zhao Fu |
| Age | 35 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 27, 2016 |
| Detailed reason(s) for cessation | Zhao Fu is a nominee director of KKR China Water Investment Holdings Limted ( KKRCW ) to the board of Citic Envirotech Ltd (the Company ). KKRCW is a substantial shareholder of the Company. As Zhao Fu has ceased to be an employee of KKR, he has accordingly resigned as a nominee director of KKWCW to the board 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 | Oct 4, 2011 |
| 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 | 1 |
| 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 | None |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | 1.Xuzhou Rundong Automobile Sales and Services Company Limited 2. Xuzhou Rundong JiaoGuang Automobile Sales and Services Company Limited 3. Xuzhou YueMei Automobile Sales and Services Company Limited |
| Present | 1. China Rundong Auto Limited 2. CKM (Cayman) Company Limited 3. Gansu Hengji Limagrain Seed Corporation Ltd |