This printed article is located at https://cordlife.listedcompany.com/news.html
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Non-independent Non-executive Director |
| Securities | CORDLIFE GROUP LIMITED (CORDLIFE) |
| Date & Time of Broadcast | Sep 30, 2016 19:11 |
| Submitted By | Dr Wong Chiang Yin Executive Director cum Group CEO |
| Description | Announcement on cessation of Non-independent Non-executive Director. |
| Cessation Details | |
| Name of person | Gary Xie Guojun |
| Age | 37 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 30, 2016 |
| Detailed reason(s) for cessation | Mr Gary Xie was nominated by Coop International Pte. Ltd. ("CIPL") to take a Board seat in Cordlife Group Limited ("CGL"). Following the completion of the disposal of shares of CGL from CIPL to Nanjing Xinjiekou Department Store Co. Ltd., CIPL ceased to be a substantial shareholder of CGL and hence the resignation of Mr Xie from the Board. |
| 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 | Apr 29, 2016 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 2 |
| Job Title | Non-independent Non-executive Director and RC Member |
| Role and responsibilities | Role and responsibilities of a Non-independent Non-executive Director. |
| 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? | No |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | 1. Allsland Pte Ltd 2. Bonvests Holdings Limited 3. Brooklyn Bagels Pte Ltd 4. Bonvests Investments Pte Ltd 5. Bonfresh Pte Ltd 6. Bonswiss Pte Ltd 7. Cenizaro Pte Ltd 8. Coop International Pte Ltd 9. Claridges Pte Ltd 10. Goldvein Holdings Pte Ltd 11. Goldview Pte Ltd 12. Goldprime Pte Ltd 13. Goldpoint Pte Ltd 14. Goldvein Pte Ltd 15. Goldvista Pte Ltd 16. Henrick (Singapore) Pte Ltd 17. The Residence Hotels & Resorts Management Pte Ltd 18. The Residence Hotels & Resorts Pte Ltd 19. The Residence Hotels & Resorts Management Services Pte Ltd 20. Bonaventure (Maldives) Pvt Ltd 21. Bonavista (Maldives) Pvt Ltd 22. Bonaventure (Australia) Pty Ltd 23. Bonaventure (Perth) Pty Ltd 24. Goldvista (Perth) Pty Ltd 25. Hotel & Property Development (Kendwa) Limited 26. Singapore Tunisian Investment Company 27. Singapore Tunisian Investment Company Immobiliere S.A. 28. Belgravia Pte Ltd |