JINJIANG, China, Aug. 10, 2017 /PRNewswire/ -- China Ceramics Co.,
Ltd. (NASDAQ stock: CCCL) ("China Ceramics" or the "Company"), a
leading Chinese manufacturer of ceramic tiles used for exterior
siding and for interior flooring and design in residential and
commercial buildings, today announced that on August 6, 2017 its Board of Directors appointed
Mr. Roy Tan Choon Kang as an
independent director and a member of the Audit, Compensation and
Nominating committees. Mr. Tan meets the Nasdaq Stock Market
independence requirements as well as additional independence
requirements under the US securities laws for the membership on the
Audit Committee. Following Mr. Tan's addition to the standing
committees of the Board, their respective memberships are as
follows: (i) Audit Committee: Jianwei
Liu (Chair and the Audit Committee financial expert),
Roy Tan, Chengliang Shen, Cheng Davis and Liu Jun; (ii) Compensation Committee: Shen
Chengliang (Chair), Liu Jun and
Roy Tan; and (iii) Nominating
Committee: Shen Chengliang (Chair), Liu
Jun and Roy Tan.
"We welcome Mr. Tan to our Board and the Board's committees as
an independent director. We are confident that he will make a
positive contribution to the Company based upon his experience and
background," said Mr. Jiadong Huang,
CEO of China Ceramics.
Mr. Tan commenced his career at the Government of Singapore
Investment Corporation (GIC) in 1996 with the Economics &
Strategy Department handling GIC's equity and fixed income
investments in North America and
Latin America. From February 1, 2009 to December 31, 2016, Mr. Tan held the title of
Managing Partner of One Tree Partners PTE Ltd., an asset management
company. From November 2016 to
July 31, 2017, Mr. Tan held the
office of the CFO of Fuse Enterprises Inc., a digital marketing and
mining company. Mr. Tan holds a joint MBA degree from National University of Singapore and Columbia University, NY (1999).
About China Ceramics Co., Ltd.
China Ceramics Co., Ltd. is a leading manufacturer of ceramic
tiles in China. The Company's
ceramic tiles are used for exterior siding, interior flooring, and
design in residential and commercial buildings. For more
information, please visit http://www.cceramics.com.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as "may," "will," "anticipate," "assume," "should,"
"indicate," "would," "believe," "contemplate," "expect,"
"estimate," "continue," "plan," "point to," "project," "could,"
"intend," "target" and other similar words and expressions of the
future. All written or oral forward-looking statements attributable
to us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 20-F for the
year ended December 31, 2016 and
otherwise in our SEC reports and filings, including the final
prospectus for our offering. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contact Information:
China Ceramics Co., Ltd.
Edmund Hen, Chief Financial Officer
Email: info@cceramics.com
Precept Investor Relations LLC
David Rudnick, Account Manager
Email: david.rudnick@preceptir.com
Phone: +1 917-864-8849
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SOURCE China Ceramics Co., Ltd.