Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
MARY CHIA HOLDINGS LIMITED
Securities
MARY CHIA HOLDINGS LIMITED - SG1Y51946677 - 5OX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Feb-2019 17:19:28
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG190201OTHRMQ8B
Submitted By (Co./ Ind. Name)
Ho Yow Ping (He YouPing)
Designation
Chief Executive Officer
Effective Date and Time of the event
01/02/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Mary Chia Holdings Limited (the "Company") and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Additional Details

Date Of Appointment
01/02/2019
Name Of Person
Sim Eng Huat
Age
65
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee, having evaluated Mr Sim Eng Huat's qualifications and work experience, has recommended the appointment of Mr Sim Eng Huat as an Independent Director of the Company. The Board of Directors has accepted the recommendation of the Nominating Committee and approved Mr Sim Eng Huat's appointment.

The Board considers Mr Sim Eng Huat to be independent for the purpose of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, as well as a member of Audit, Nominating and Remuneration Committees, respectively.
Professional qualifications
1971 to 1973
Victoria School (GCE "A" Level)

1966 to 1970
Tiong Bahru Secondary School (GCE "O" Level)

1961 to 1966
Batu Berlayer Primary School (PSLE)
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
1994 to 2013
Mr Sim was the Chief Operating Officer of Suntec Investment Pte Ltd Group of Companies. Mr Sim was also concurrently the Managing Director of:

a) Chesterton Suntec International Property Consultants Pte Ltd
b) Suntec Dome Holdings Pte Ltd overseeing a chain of 16 Dome and Olio cafes
c) Suntec Food & Leisure Pte Ltd managing the largest Foodcourt in Suntec City and a chain of outlets known as "Coffee Kakis"
d) Ewest Suntec Food R&D and Consultancy Pte Ltd
e) Singconex Management Pte Ltd (M&E /Janitor Services)

2016 to 2018
Mr Sim was Managing Director & subsequently Chairman of RHT Chestertons Pte Ltd

2013 to present
Mr Sim is currently the Managing Director/ Executive Director of his wholly owned Property Consultancy and Advisory Services and Recruitment Agency (namely Sunchest Property Consultants Pte Ltd, RS Advisory & Consultancy Pte Ltd and Talentchest Consulting Pte Ltd).

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# 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)
RHT Talentchest Pte. Ltd.
RHT Chestertons Pte. Ltd.
Present Private Limited
EPS Worldwide Pte. Ltd.
EPS Worldwide Training Academy Pte. Ltd.
Asia Central Resources Pte Ltd
Present
Metech International Limited
SK Jewellery Group Limited
Lafe Corporation Ltd
Sunchest Property Consultants Pte. Ltd.
RS Advisory & Consultancy Pte. Ltd.
Talentchest Consulting Pte. Ltd.
(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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Director of Metech International Limited, SK Jewellery Group Limited and Lafe Corporation Ltd.