Change - Announcement of Appointment::Appointment of Financial Controller

Issuer & Securities

Issuer/ Manager
CHINA GAOXIAN FIBRE FABRIC HOLDINGS LTD.
Securities
CHINA GAOXIAN FIBREFAB HLDGLTD - SG1BC7000003 - AZZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-Nov-2016 20:22:20
Status
New
Announcement Sub Title
Appointment of Financial Controller
Announcement Reference
SG161114OTHRDSY4
Submitted By (Co./ Ind. Name)
Tham Wan Loong, Jerome
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please also refer to the PDF announcement attached to this template announcement for information relating to the appointment of Financial Controller

Additional Details

Date Of Appointment
14/11/2016
Name Of Person
Lin Shawn Xiang
Age
28
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Lin Shawn Xiang has been undertaking Mr Yan Qingwei's duties consequent to his resignation as the Assistant Chief Financial Officer ("CFO") while the Company continues the search for a suitable candidate for the position of the CFO.

Having reviewed Mr Lin Shawn Xiang's qualifications, and his performance and contributions to the Group, the Board, with the concurrence of the Nominating Committee, approved his appointment as the Group's Financial Controller with effect from 14 November 2016 while the Company continues the search for a suitable candidate for the position of CFO.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Lin Shawn Xiang is responsible for the Group's financial functions including accounting, internal controls, financial and management reporting, financing, capital management, tax, treasury, financial analysis, M&A support and risk management.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
June 2016 - current
Assistant Chief Financial Officer of China Gaoxian Fibre Fabric Holdings Ltd.
January 2014 - June 2016
Transaction Advisory Service Senior Consultant of Ernst & Young, China
June 2012 - June 2013
Staff Accountant of Hiwin Group USA INC, New York
January 2011 - January 2012
Finance and Accounting of Woodbridge Township Finance Department, Woodbridge, New Jersey
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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
Nil
(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 a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
N/A

Attachments

CGX - Annt - Appointment of FC_Shawn.pdf
Total size =67K