Change - Announcement of Appointment::Appointment of Independent Non-Executive Director - Mr Low Chian Sin

Issuer & Securities

Issuer/ Manager
SOUTHERN PACKAGING GROUP LIMITED
Securities
SOUTHERN PACKAGING GROUP LTD - SG1CG0000009 - BQP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Oct-2024 18:07:06
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director - Mr Low Chian Sin
Announcement Reference
SG241030OTHRVP7T
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Low Chian Sin ("Mr Low") as Independent Non-Executive Director of the Company.

Additional Details

Date Of Appointment
01/11/2024
Name Of Person
Low Chian Sin
Age
53
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Upon recommendation from the Nominating Committee, the Board of Directors (the "Board") after having reviewed and considered the diversity aspects of the Board, qualifications, expertise, working experience and independence of Mr Low, has approved the appointment of Mr Low as an Independent Non-Executive Director of the Company.

The Board considers Mr Low is independent for the purposes of Rule 704(8) of the Listing Manual 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 Non-Executive Director and member of Audit, Remuneration and Nominating Committees
Professional qualifications
- Nanyang Technological University - Bachelor of Accountancy (Hons); 1994 Book Prize Winner (1st Prize)
- Harvard Business School - Advanced Management Program
- University of California, Berkeley - Venture Capital Management
- Chartered Accountant of Singapore
- Certified Public Accountant of Australia
- Certified Internal Auditor
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2017 to present:
Mr Low is the principal investor, founder and CEO of CLIZ (formerly branded as CRYSTAL), a consumer-tech brand that integrates art and technology with industrial production, creating iconic art-infused lifestyle products that evoke emotional and social connections. The company aggregates supply chain in China to form an eco-system, aspiring to kindle a "Bauhaus 2.0" movement.

2022 to July 2024:
Mr Low is the Managing Director and Executive Director of the board of Reimagine Digital Ventures Group Limited, a venture investment company co-established by PWC China, focusing on incubation and investment in digital sector startups.

2003 to 2017:
Mr Low as the Founding President & Managing Director of Protiviti Greater China. He was also the global leader for management consulting methodology and led the Asia Pacific solutions strategy.
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
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Directorships and other Principal Commitments
- Reimagine Digital Ventures Group Limited (Executive Director)

- Helenbergh China Holdings Limited (Independent Director)
Present
Directorships and other Principal Commitments
- CITIC Prudential Life Insurance Co., Ltd (Independent Director)

- Harvard Business School Club of Shanghai (Vice President)

- Clio Brands Library Pte. Ltd. (Director)

- Cadenza (Shanghai) Art Technology Co., Ltd (Legal Representative)

- Shanghai C-Tune Information Technology Co., Ltd (Legal Representative)

- Shanghai Hestia Information Technology Co., Ltd (Legal Representative; Striking off)

- Hestia (Shanghai) Art Technology Co., Ltd (Legal Representative; Striking off)

- Hestia ArtTeCh Holdings Co., Ltd (Director; Dormant)
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The Company will make arrangements for Mr Low to attend the requisite training on the roles and responsibilities of a director of a listed issuer prescribed by the Exchange within one year from the date of his appointment to the Board.