| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 28, 2019 19:22 |
| Status | New |
| Announcement Sub Title | Retirement of Executive Director |
| Announcement Reference | SG190328OTHRD482 |
| Submitted By (Co./ Ind. Name) | Kenny Yap Kim Lee |
| Designation | Executive Chairman and Managing Director |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Andy Yap Ah Siong as an Executive Director |
| Additional Details | |
| Name Of Person | Andy Yap Ah Siong |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/03/2019 |
| Detailed Reason (s) for cessation | Retirement as an Executive Director of the Company. Mr Andy Yap Ah Siong will remain as the Deputy Managing Director of the Company. |
| 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 | 12/12/1998 |
| 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) | 4 |
| 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.) | Deputy Managing Director and Executive Director |
| Role and responsibilities | Executive and a member of the Executive Management Committee. Mr Andy Yap Ah Siong oversees the Group's ornamental fish and aquaculture business operations. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Andy Yap Ah Siong is the brother of Mr Alvin Yap Ah Seng and the cousin of Mr Kenny Yap Kim Lee. |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 3,925,000 shares |
| Past (for the last 5 years) | Nil |
| Present | 1) Qian Hu Holdings Pte. Ltd. 2) Qian Hu Aquarium and Pets (M) Sdn. Bhd. 3) Qian Hu The Pet Family (M) Sdn. Bhd. |