CHINA SKY CHEM FIBRE CO., LTD.: ANNOUNCEMENT OF CESSATION AS GROUP FINANCIAL CONTROLLER

Announcement of Cessation of Group Financial Controller
* Asterisks denote mandatory information
Name of Announcer *	CHINA SKY CHEM FIBRE CO., LTD.
Company Registration No.	CT-146759
Announcement submitted on behalf of	CHINA SKY CHEM FIBRE CO., LTD.
Announcement is submitted with respect to *	CHINA SKY CHEM FIBRE CO., LTD.
Announcement is submitted by *	HUANG ZHONG XUAN
Designation *	Chief Executive Officer and Executive Director
Date & Time of Broacast	10-Feb-2012 21:50:53
Announcement No.	00211
Price Sensitivity	Yes

>> Announcement Details

The details of the announcement start here ...

Name *	Hui San Wing
Age *	42
Is Effective Date of Cessation known? *	Yes
Effective Date of Resignation	10/02/2012
Detailed Reason(s) for cessation *	Resignation of directors resulting in the lack of leadership, guidance and support from Chief Executive Officer and independent directors.
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
Date of Appointment to current position *	22/02/2006
Job Title *	Group Financial Controller
Role and responsibilities *	Financial administration and accounting function of the Group, as well as the compliance and financial reporting requirements.
Does the AC have a minimum of 3 members (taking into account this cessation) *	No
Number of Independent Directors currently resident in Singapore (taking into account this resignation) *	0
Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months *	5
Interest in the listed issuer and its subsidiaries *	Nil.
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *	Nil.

>> Other Directorship #
# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)
Past (for the last five years) *	Nil.
Present *	Nil.

Footnotes

The 5 cessations of appointments over the past 12 months includes the cessation of Mr Hui San Wing as the Group Financial Controller today.