Change - Announcement of Appointment::Appointment of Non-Executive Chairman

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LIMITED - SG2E79981816 - QG1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Nov-2014 17:49:57
Status
New
Announcement Sub Title
Appointment of Non-Executive Chairman
Announcement Reference
SG141110OTHR18GD
Submitted By (Co./ Ind. Name)
Benny Lim
Designation
CFO
Effective Date and Time of the event
10/11/2014 17:55:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Simon Eng as Non-Executive Chairman of Metech International Limited ("Metech Int").

Additional Details

Date Of Appointment
10/11/2014
Name Of Person
Simon Eng
Age
55
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
After reviewing the Nominating Committee's recommendations and Mr Simon Eng's qualifications and business experience, the Board approved the appointment of Mr Simon Eng as the Non-Executive Chairman.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive Appointment
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman of Metech International Limited
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Familial relationship with Andrew Eng, his brother who is currently the Chief Executive Officer of Metech International Limited.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
After leaving the civil service in 2004 and up till 2007, Mr Eng was the President of China of main board listed United Engineers Ltd (UE), focusing on environment engineering and power generation in China.

In 2008, Mr Eng set up a wastes and wastewater treatment company to invest in treatment facilities in China and was acting as an adviser to Tembusu Partners, private fund management company.

In 2009, Mr Eng joined mainboard-listed AdvanceSCT Ltd as Group CEO and is currently the controlling shareholder and Chairman of the Group.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Simon Eng is currently a substantial shareholder.
# 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)
1. Teledata (Singapore) Ltd
2. Tongji Environment (Asia) Pte Ltd
3. Asia Copper Pte Ltd
4. New Tsingyi Pte Ltd
5. Asiapac Metals Pte Ltd
6. Ever Glory Logistics Pte Ltd
Present
1. Advance SCT Ltd
2. Green World Holdings Pte Ltd
3. Anhui Hefei United Power Generation Co Ltd
4. Western Metals (Kunshan) Co Ltd
5. Belle Forte 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?
Yes
If Yes, Please provide full details
Mr Eng has been issued a warning letter from The Monetary Authority of Singapore ("MAS") for late declaration on change of interest in a listed company.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
Mr Simon Eng is currently the Chairman and director of main board listed company, Advance SCT Ltd.