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23 Dec 2022

Change - Announcement of Cessation::Resignation of Chief Executive Officer

Change - Announcement of Cessation::Resignation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
FUXING CHINA GROUP LIMITED
Securities
FUXING CHINA GROUP LIMITED - BMG3705H2069 - AWK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Dec-2022 12:15:17
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer
Announcement Reference
SG221223OTHRU8GN
Submitted By (Co./ Ind. Name)
Hong Qing Liang
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Hong Qing Liang as Chief Executive Officer of the Company.

Additional Details

Name Of Person
Hong Qing Liang
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2023
Detailed Reason (s) for cessation
Succession Planning.
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
19/12/2006
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
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.)
Chief Executive Officer
Role and responsibilities
Chief Executive Officer, responsible for day-to-day management affairs of the Group. He also ensures that stipulated corporate policies are properly complied with.
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?
Yes
Shareholding Details
10,068,640 shares in the Company.
Other Directorships
Past (for the last 5 years)
Nil.
Present
Nil.