China Fishery : Resignation Of Independent Director

CHANGE - ANNOUNCEMENT OF CESSATION::RESIGNATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager

CHINA FISHERY GROUP LIMITED

Securities

CHINA FISHERY GROUP LIMITED - KYG211001212 - B0Z

Stapled Security

No

Announcement Details

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast

03- Jan-2020 18:02:10

Status

New

Announcement Sub Title

Resignation of Independent Director

Announcement Reference

SG200103OTHRGMHU

Submitted By (Co./ Ind. Name)

Tan Lay Hong

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Resignation of Independent Director

Additional Details

Name Of Person

Tan Ngiap Joo

Age

74

Is effective date of cessation known?

Yes

If yes, please provide the date

02/01/2020

Detailed Reason (s) for cessation

Mr Tan resigned as an Independent Director to reduce the number of company directorships to spend more personal time with family and friends. Consequently, he also relinquished the following roles in the Company:

• Chairman of the Investment Committee ("IC");
• Chairman of the Nominating Committee ("NC");
• Member of the Audit and Risk Management Committee ("ARMC");
• Member of the Remuneration Committee ("RC"); and
• Alternate Corporate Social Responsibility Committee ("CSRC") member to Mr Lim Soon Hock.

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

12/01/2009

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)

1

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.)

• Independent Director
• Chairman of IC and NC
• Member of ARMC and RC
• Alternate CSRC member to Mr Lim Soon Hock

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

None

Shareholding interest in the listed issuer and its subsidiaries?

Yes

Shareholding Details

76,518 ordinary shares in the share capital of the Company

Past (for the last 5 years)

• Mapletree Logistics Trust Management Ltd.
• United Engineers Limited
• Banking Computer Services Private Limited
• BCS Information Systems Pte Ltd
• Breast Cancer Foundation

Present

• Oversea-ChineseBanking Corporation Limited
• OCBC Bank (Malaysia) Berhad
• OCBC Al-Amin Bank Berhad
• Mapletree India China Fund Ltd.
• Gemstone Asset Holdings Pte. Ltd.