Change - Announcement of Appointment::Re-designation of Mr Loo Wooi Hong as Executive Director and Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GCCP RESOURCES LIMITED
Securities
GCCP RESOURCES LIMITED - KYG377411080 - 41T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Oct-2019 22:48:12
Status
New
Announcement Sub Title
Re-designation of Mr Loo Wooi Hong as Executive Director and Deputy Chief Executive Officer
Announcement Reference
SG191001OTHRILEI
Submitted By (Co./ Ind. Name)
Marilyn Tan Lay Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Mr Loo Wooi Hong as Executive Director and Deputy Chief Executive Officer with effect from 1 October 2019.

Additional Details

Date Of Appointment
01/10/2019
Name Of Person
Loo Wooi Hong ("Mr Loo")
Age
26
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company, having reviewed and considered the recommendation by the Nominating Committee, reviewed Mr Loo's qualifications, working experience and performance, is satisfied that Mr Loo possesses the requisite knowledge and capability to assume the role of Deputy Chief Executive Officer and approved the appointment of Mr Loo as the Deputy Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Loo is responsible to assist the Chief Executive Officer for the overall management, operations, strategic planning and business expansion of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Deputy Chief Executive Officer
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
Mr Loo is the son of Mr Loo An Swee, the Executive Chairman and Chief Executive Officer, and a Controlling Shareholder holding 252,367,080 shares representing 21.58% interest (direct and deemed) in the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
May 2019 to present: Executive Director, GCCP Resources Limited

May 2017 to September 2019: Marketing Manager, GCCP Resources Limited

July 2015 to April 2017: Assistant Project Manager, GCCP Resources Limited
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
Mr Loo holds a direct interest in 337,838,380 shares (representing 28,889%) in the share capital of the Company.
# 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) GCCP Gridland Sdn. Bhd.
(2) Hyper Act Marketing Sdn. Bhd.
(3) Gridland Global Sdn. Bhd.
(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
While this relates to the appointment of a Deputy Chief Executive Officer, Mr Loo is an Executive Director of the Company since 28 May 2019.