News
Change - Announcement Of Resignation Of Alternate Director
BackApr 30, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2025 22:46 |
| Status | New |
| Announcement Sub Title | Resignation of Alternate Director |
| Announcement Reference | SG250430OTHRNHBD |
| Submitted By (Co./ Ind. Name) | Ng Mun Fai |
| Designation | Chief Financial Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Alternate Director |
| Additional Details | |
| Name Of Person | Zhang Zhong Ming |
| Age | 36 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/04/2025 |
| Detailed Reason (s) for cessation | The reasons are set out in the notice of resignation (the "Resignation Letter") of Mr. Zhang Zhong Ming which shall be published by Dasin Retail Trust Management Pte. Ltd. ("DRTM"). |
| 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? | Yes |
| If Yes, Please provide full details | The unresolved differences in opinion on material matters are set out in the Resignation Letter which shall be published by DRTM. |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | Yes |
| If Yes, Please provide full details | Please see disclosure above. |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 09/01/2023 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Mr. Zhang Zhencheng |
| Role and responsibilities | Alternate Director to Mr. Zhang Zhencheng |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Yes. Mr. Zhang Zhongming is the nephew of Mr. Zhang Zhencheng, who is a non-executive director and shareholder of Dasin Retail Trust Management Pte Ltd. |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Mr. Zhang Zhongming has deemed interest in 3,966,200 units. |
| Past (for the last 5 years) | Please refer to Appendix 1 |
| Present | Please refer to Appendix 1 |
Attachments
- Appendix 1 (Size: 88,360 bytes)