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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