| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 15, 2021 17:38 |
| Status | New |
| Announcement Sub Title | ANNOUNCEMENT OF CESSATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG211015OTHRDIM0 |
| Submitted By (Co./ Ind. Name) | Wang Heng |
| Designation | Chief Executive Officer and Executive Director |
| Description (Please provide a detailed description of the event in the box below) | ANNOUNCEMENT OF CESSATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Additional Details | |
| Name Of Person | Duan Yang, Julien |
| Age | 59 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/10/2021 |
| Detailed Reason (s) for cessation | Mr Duan Yang has tendered his resignation for personal reasons. |
| 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 | 24/03/2017 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent and Non-Executive Director, Chairman of the Audit and Risk Committee, member of the Nominating Committee and Remuneration Committee. |
| Role and responsibilities | Independent Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | June 2013 - August 2016: Director of Sinolink International Finance HK Ltd June 2013 - August 2016: Director of Sinolink Financial Leasing (Shanghai) Ltd |
| Present | January 2017 - Present: Director of Beijing Nufront Ltd. June 2016 - Present: Director and Chairman of Fascinating HK Ltd |
