| Resignation Details | |
| Name Of Person | Zhao Yanshi |
| Age | 60 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 31/12/2013 |
| Detailed Reason(s) for Cessation | To pursue his own interest. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 20/01/2012 |
| Job Title | Non-Executive Director, Remuneration Committee Member |
| Role and Responsibilities | Member of Remuneration Committee |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | 3 |
| Interest in the listed issuer and its subsidiaries | Direct interest: 174,913,000 Cedar Strategic Holdings Ltd. shares Deemed Interest: 288,741,052 Cedar Strategic Holdings Ltd. shares# #Blessed Forever Ltd holds 288,741,052 Cedar Strategic Holdings Ltd. shares through its nominee Maybank Kim Eng Securities Pte Ltd. for Blessed Forever Ltd. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Zhao Yanshi is the father-in-Law of Peng Weile Leo, who will also cease to be an Executive Director on the same day. |
| Other Directorship | |
| Past Directorship (for the last five years) | Nil |
| Present Directorship | Nil |
| Other Notes | |
| Footnotes | The number of cessations of appointments specified in Catalist Rule 704(6) over the past 12 months includes the cessation of Peng Weile Leo on the same day. This announcement was prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte Ltd (Sponsor), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Company's Sponsor is Mr Ng Joo Khin whose details are set out below: Telephone number: +65 6389 3000 Email: jookhin.ng@stamfordlaw.com.sg |