Change - Announcement of Appointment::Re-designation as Executive Director

Issuer & Securities

Issuer/ Manager
PAVILLON HOLDINGS LTD.
Securities
PAVILLON HOLDINGS LTD. - SG1I46882631 - 596
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Sep-2023 17:17:18
Status
New
Announcement Sub Title
Re-designation as Executive Director
Announcement Reference
SG230901OTHR2GI2
Submitted By (Co./ Ind. Name)
Dr John Chen Seow Phun
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of Pavillon Holdings Ltd. (the "Company") is pleased to announce the appointment of Mr Fan Bin as Executive Director of the Company with effect from 1 September 2023. He had been re-designated from Non-Executive Non-Independent Director to Executive Director of the Company.

Additional Details

Date Of Appointment
01/09/2023
Name Of Person
Fan Bin
Age
45
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Fan Bin has been appointed as Non-Executive Non-Independent Director of the Company since 4 November 2022.

The Board of Directors (the "Board") of Pavillon Holdings Ltd. (the "Company"), having considered the recommendation of the Nominating Committee ("NC"), is of the view that Mr Fan Bin has the requisite experiences and capabilities to assume the role and responsibilities as Executive Director of the Company and has approved the appointment of Mr Fan Bin as Executive Director. His re-designation from Non-Executive Non-Independent Director to Executive Director is part of leadership refresh and succession planning.

Following appointment of Mr Fan Bin as Executive Director, he ceased to be a member of the Audit and Risk Committee.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Mr Fan Bin will be responsible for the overall management and operations including financial management and statutory reporting of the Group. He will engage in close collaboration with the new substantial shareholder pertaining to development and strategic planning within the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
Mr Fan Bin is a member of the Chinese Institute of Certified Public Accountant and a certified public accountant (CPA), a certified tax accountant (CTA) certified by the Chine Certified Tax Agents Association and accountant certified by the Ministry of Finance of the People s Republic of China.

He holds a Master's degree in accounting and bachelor s degree in management from Shanghai University of Finance and Economics.
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 Fan Bin was nominated by the substantial shareholder, New Development Hotel Management Pte. Ltd.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
August 2022 to present
Vice President and Chief Financial Officer, New Development Group

November 2021 to present
Chairman of the Supervisory Board, Vohringer Home Technology Co., Ltd. (Listed on the Shanghai Stock Exchange)

September 2020 to July 2022
Chief Financial Officer, New Development Group

September 2010 to September 2019
Chief Financial Officer, Goldian Group
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)
NIL
Present
Vohringer Home Technology 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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Fan Bin has been appointed as Non-Executive Non-Independent Director of the Company since 4 November 2022. He had attended Mandatory Training LED 1 to LED 8 conducted by the Singapore Institute of Directors.