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 17:10 |
| Submitted By | Dr Lin Yucheng Executive Director and Chief Executive Officer |
| Description | Cessation as Non-Executive Director |
| Cessation Details | |
| Name of person | David Haifeng Liu |
| Age | 44 |
| 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. Mr Liu'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 | 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 | 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) | Sino Prosperity Holdings One Titan Investments Limited |
| Present | China Rundong Auto Group Limited Qingdao Haier Co., Ltd. China International Capital Corporation Limited KKR Asia Limited CIHL Parent Limited Components Investment Holdings Limited KKR KFC Holdings Limited KKR PEI Holdings GP Limited KKR SP Limited CKM (Cayman) Company Limited Sino Prosperity Real Estate Limited |