Change - Announcement of Appointment::Re-designation of Executive Director to Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
THE PLACE HOLDINGS LIMITED
Securities
THE PLACE HOLDINGS LIMITED - SG1Q02920318 - E27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-Mar-2018 18:56:06
Status
New
Announcement Sub Title
Re-designation of Executive Director to Executive Director and Chief Executive Officer
Announcement Reference
SG180321OTHRV09I
Submitted By (Co./ Ind. Name)
Ji Zenghe
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Re-designation of Executive Director to Executive Director and Chief Executive Officer

Additional Details

Date Of Appointment
25/04/2018
Name Of Person
Fan Xianyong
Age
53
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors, having considered the recommendation of the Nominating Committee and the suitability of Mr Fan Xianyong as well as his current position as Executive Director of the Company, is of the view that the appointment of Mr Fan as the Chief Executive Officer of the Company (in place of Mr Ji Zenghe) is appropriate to have a division of responsibilities between the Executive Chairman and the Chief Executive Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for the overall management of the Group's business and to implement the Board's decisions.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Familial relationship with any director 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
2016-Present, Executive Director of the Company

2003-Present, Director and General Manager, Beijing Aozhong Xingye Real Estate Development Co., Ltd.

2001-Present, Director and General Manager, The Place Investment Group Co., Ltd

2001-2003, Director and General Manager, Beijing Aozhongxiehe Trading Co., 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)
Beijing Aozhongxiehe Trading Co., Ltd
Present
The Place Investment Group Co., Limited
The Place Chuangshi (Beijing) Trading Co., Ltd
Z.D. Australia China Trading & Investment Pty Ltd
Beijing Qiaofu Property Management Co., Ltd
Beijing Aozhong Shimao Property Management Co., Ltd
Fortune Land Overseas Limited
World Globe International Holdings Limited
Aozhong Jiye Investment Group Co., Ltd
Sun Card Limited
Beijing Aozhong Jiye Real Estate Development Co., Ltd
Beijing Aozhong Xingye Real Estate Development Co., Ltd
Jingneng Tianjie (Beijing) Investment Co., 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 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
Not applicable as disclosure applicable to the appointment of director only.