Change - Announcement of Appointment::Appointment of Executive Chairman and CEO

Issuer & Securities

Issuer/ Manager
HOR KEW CORPORATION LIMITED
Securities
HOR KEW CORPORATION LIMITED - SG1BE0000006 - BBP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Mar-2020 18:26:34
Status
New
Announcement Sub Title
Appointment of Executive Chairman and CEO
Announcement Reference
SG200330OTHRLW74
Submitted By (Co./ Ind. Name)
KOH EE KOON
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Chairman and CEO

Additional Details

Date Of Appointment
01/04/2020
Name Of Person
AW CHI-KEN BENJAMIN
Age
41
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Benjamin Aw is currently an Executive Director of the Company and is responsible for developing and fostering the business development activities of the Group as well as prospecting new businesses by networking, developing and securing a pipeline of business opportunities for the Group. The Board of Directors having considered the recommendation of the Nominating Committee and having assessed Mr Aw's experience, is of the view that he has the requisite experience and capabilities to assume the responsibilities as the Executive Chairman and CEO of the Group, and has approved the appointment of Mr Aw.
Whether appointment is executive, and if so, the area of responsibility
In addition to his current responsibilities, Mr Benjamin Aw will also be responsible for the overall strategic direction of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and CEO
Professional qualifications
Degree of Bachelor of Arts with First Class Honours in Accounting and Finance from University of North London, London, United Kingdom and a Degree in Masters of Science in Finance from The City University, London, United Kingdom.
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
1. Brother of Elicia Aw Ying Ying (Executive Director of the Company)
2. Nephew of Aw Khoon Hwee (Non-Executive Director/substantial shareholder of the Company)
3. Nephew of Aw Soon Hwee (substantial shareholder of the Company)
4. Son of Dr Aw Leng Hwee JP BBN(L)(deceased) (substantial shareholder of the Company)
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Prior to joining the Group, Mr Benjamin Aw started his career working in the banks as a Personal Financial Adviser and Relationship Manager both in an offshore bank and a local bank. In addition to his banking experience, Mr Benjamin Aw has accumulated more than 8 years of hands on experience as a professional in mechanical and electrical elevator transportation systems and construction business holding various positions in regional, managerial, agencies and manufacturer's roles.
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?
Yes
Shareholding Details
2,550,337 ordinary shares in Hor Kew Corporation Limited
# 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)
nil
Present
1. XJ Elevator Engineering Private Limited
2. XJ Elevator Private Limited
3. Park Vale Design & Development Pte Ltd
4, Hor Kew International Pte Ltd
5. Hor Kew Private Limited
6. Hor Kew Land Pte Ltd
7. Oxley Lights Pte Ltd
8. Oxley Lights Development Pte Ltd
9. Hor Kew Holdings Pte Ltd
10. Prefab Technology Pte Ltd
11. Prefab Technology 3 Pte Ltd
12. Prefab Technology 8 Pte Ltd
13. ABX Land Sdn Bhd
14. GPX Land Sdn Bhd
15. Hor Kew Corporation Limited
(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
Executive Director of Hor Kew Corporation Limited since 27 February 2014
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable