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Change - Announcement Of Cessation Of Non-Executive Director

BackApr 06, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 6, 2017 18:45
Status New
Announcement Sub Title Cessation of Non-Executive Director
Announcement Reference SG170406OTHRP67G
Submitted By (Co./ Ind. Name) Chan Iz-Lynn
Designation Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Cessation of Non-Executive Director

Sponsorship Statement:
DBS Bank Ltd is the Financial Adviser, Issue Manager, Bookrunner and Underwriter to the Offering.
Additional Details
Name Of Person Niu Xiaohua
Age 46
Is effective date of cessation known? Yes
If yes, please provide the date 06/04/2017
Detailed Reason (s) for cessation Not seeking re-appointment as a Director at annual general meeting of the Company convened on 6 April 2017, and will accordingly retire as a Director at the conclusion of the said annual meeting.
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 12/11/2015
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
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Director
Role and responsibilities Fulfiling the roles and responsibility of being a Non-Executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details Direct interest of 125,000 units in BHG Retail REIT
Past (for the last 5 years) Beijing Hualian Department Co., Ltd.
Present NIL