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| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Non-independent Non-executive Director |
| Securities | CORDLIFE GROUP LIMITED (CORDLIFE) |
| Date & Time of Broadcast | Oct 4, 2016 17:26 |
| Submitted By | Dr Wong Chiang Yin Executive Director and Group CEO |
| Description | Announcement on Cessation of Non-independent Non-executive Director. |
| Cessation Details | |
| Name of person | Ho Han Siong Christopher |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Oct 4, 2016 |
| Detailed reason(s) for cessation | Mr Ho was nominated by Tai Tak Estates Sdn Bhd ("TTESD"), the holding company of Wells Spring Pte. Ltd. ("WSPL") and Providence Investments Pte Ltd ("PIPL") to take a Board seat in Cordlife Group Limited ('CGL"). Following the completion of the disposal of shares of CGL from WSPL and PIPL to Nanjing Xinjiekou Department Store Co. Ltd., TTESD ceased to be a substantial shareholder of CGL and hence the resignation of Mr Ho 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 | 3 |
| Job Title | Non-independent Non-executive Director and Nominating Committee 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? | Yes |
| Shareholding Details | 350,000 |
| Other directorships | |
| Past (for the last 5 years) | 1. Providence Investments Pte Ltd 2. Buzzcity Pte Ltd 3. Wells Spring Pte Ltd 4. Grenidea Technologies Pte Ltd |
| Present | 1. Chye Hin Pte Ltd 2. SG Investments Pte Ltd 3. Tai Tak Ventures Pte Ltd 4. Providence Ecogreen Pte Ltd 5. SG Equities Pte Ltd 6. MTQ Corporation Ltd 7. Hartanah Tai Tak Ltd |