Change - Announcement of Cessation::Cessation of Non-Executive and Non-Independent Chairman

Issuer & Securities

Issuer/ Manager
JIUTIAN CHEMICAL GROUP LIMITED
Securities
JIUTIAN CHEMICAL GROUP LIMITED - SG1V71937527 - C8R
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Feb-2024 18:30:35
Status
New
Announcement Sub Title
Cessation of Non-Executive and Non-Independent Chairman
Announcement Reference
SG240229OTHR1L1U
Submitted By (Co./ Ind. Name)
Lee Chee Seng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Han Lianguo
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
29/02/2024
Detailed Reason (s) for cessation
Mr Han Lianguo ("Mr Han") has resigned in order to pursue other senior position within Henan Energy and Chemical Industry Group Co., Ltd, ("HNEC") group. HNEC is the parent of the controlling shareholder of the Company.

After having interviewed Mr Han and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Mr Han as the Non-Executive and Non-Independent Chairman 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
22/03/2019
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Chairman and member of the Nominating Committee
Role and responsibilities
Perform functions of Non-Executive and Non-Independent Chairman and Nominating Committee member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Anyang Jiulong Chemical Co Ltd
Anyang Jiutian Fine Chemical Co., Ltd
Anyang Jiujiu Chemical Technology Co., Ltd
Present
Anyang Chemical Industry Group Co Ltd
Anyang Longyu (HK) Development Co., Ltd.