Announcement Title Change - Announcement of Cessation
Announcement Subtitle ANNOUNCEMENT OF CESSATION AS CHIEF EXECUTIVE OFFICER
Securities LUZHOU BIO-CHEM TECHNOLOGY LTD (LUZHOU)
Date & Time of Broadcast Mar 6, 2015 18:31
Submitted By Niu Ji Xing
Executive Chairman
Description Announcement of cessation as Chief Executive Officer
Cessation Details
Name of person Wang De You
Age 52
Is effective date of cessation known? Yes
Effective date for cessation Mar 6, 2015
Detailed reason(s) for cessation Mr Niu Ji Xing will replace Mr Wang as the Chief Executive Officer and Mr Wang will remain as an Executive Director 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 Feb 1, 2012
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) 2
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 0
Job Title Chief Executive Officer
Role and responsibilities Responsible for the overall management of the Group's business and operations.
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? Yes
Shareholding Details 10,100,000 ordinary shares, constituting 2.55% of total issued share capital of the Company
Other directorships
Past (for the last 5 years) Nil
Present Luzhou Bio-chem Technology Limited
Luzhou Bio-chem Technology (Shandong) Co., Ltd.
Luzhou Bio-chem Technology (Liaoning) Co., Ltd.
Luzhou Bio-chem Technology (Shaanxi) Co., Ltd.
Luzhou Bio-chem Technology (Henan) Co., Ltd.
Luzhou Bio-chem Technology (Sichuan) Co., Ltd.
Shandong Hongzhou Chemical Equipment Co., Ltd.
Shandong Luzhou Amino Acid Co., Ltd.
Fushun Luzhou Amylum Sugar Products Co., Ltd.
Shaanxi Xingping Luzhou Sugar Products Co., Ltd.
Shandong Luzhou Food Group Co., Ltd.
Shandong Luzhou Group Yishui Chemical Co., Ltd.
Shandong Luzhou Real Estate Development Limited
Yishui Luzhou Heat Supply Limited
Yishui Luzhou Property Management Limited
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