Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR, VICE CHAIRMAN AND AUTHORISED REPRESENTATIVE

Issuer & Securities

Issuer/ Manager
ELEC & ELTEK INTERNATIONAL COMPANY LIMITED.
Securities
ELEC & ELTEK INT CO LTD - SG1B09007736 - E16

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
07-Jul-2014 18:49:47
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR, VICE CHAIRMAN AND AUTHORISED REPRESENTATIVE
Announcement Reference
SG140707OTHRIAGJ
Submitted By (Co./ Ind. Name)
Marian Ho
Designation
Company Secretary
Effective Date and Time of the event
07/07/2014 17:05:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Elec & Eltek International Company Limited (the Company ) and its contents have been reviewed by the board of directors of the Company (the Board ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ( SGX-ST ).

The 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.

Additional Details

Date Of Appointment
01/08/2014
Name Of Person
Ms Cheung Wai Lin, Stephanie ( Ms Cheung )
Age
43
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has approved the appointment of Ms Cheung as an Executive Director, Vice Chairman and Authorised Representative of the Company after taking into account her experience and ability to contribute to the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive.

Area of Responsibility:

(1) Manage attainment of business objectives and financial targets;
(2) Lead all fund raising efforts;
(3) Manage all corporate governance compliance;
(4) Manage all investment, divestments, joint-ventures, collaborations; and
(5) Implement policies and plans laid down by the Board.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, Vice Chairman and Authorised Representative
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Cheung is the sister of Mr Cheung Kwok Wing (a Non-executive Director and the chairman of the Board) and the sister-in-law of Mr Chang Wing Yiu (currently a Non-executive Director of the Board).
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Ms Cheung joined Kingboard Chemical Holding Limited in 2002. Prior to joining the Group, she worked as an administration assistant manager in a listed company for about 5 years.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
(i) 822,000 shares of Kingboard Chemical representing approximately 0.08% of the issued share capital of Kingboard Chemical (of which 140,000 shares are held by her spouse); and

(ii) options that are exercisable into 3,120,000 shares of Kingboard Chemical
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Kingboard Chemical Holdings Limited / Executive Director / 11 Jan 2007 - Present
Present
Kingboard Chemical Holdings Limited / Executive Director / 11 Jan 2007 - Present
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide full details
Ms Cheung is currently acting as an executive director of Kingboard Chemical Holding Limited which is listed on Hong Kong.