Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
AXINGTON INC.
Securities
AXINGTON INC. - MYA012218006 - 42U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Jul-2020 01:45:21
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG200715OTHR56EH
Submitted By (Co./ Ind. Name)
Dato' Peter Tang Swee Guan
Designation
Deputy Executive Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
APPOINTMENT OF EXECUTIVE DIRECTOR

This announcement has been prepared by Axington Inc. (the "Company") and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.

Additional Details

Date Of Appointment
14/07/2020
Name Of Person
Marjory Loh Erchang
Age
37
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having considered the recommendation of the Nominating Committee and assessed the qualifications and experience of Ms Marjory Loh Erchang ("Ms Loh"), is of the view that Ms Loh has the requisite experience and capabilities to assume the duties and responsibilities as the Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. To manage day-to-day operations of the company, to develop and implement organisational strategy and business plans, and conducting performance reviews.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Member of Nominating Committee
Professional qualifications
Post Graduate Higher Diploma in Hospitality Management, Glion Institute of Higher Education

Bachelor of Arts (Major in Visual Arts - Media), University of California, San Diego

Associate of Arts, Film Productions, De Anza College

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
Yes, Ms Loh is the sister and cousin of the controlling shareholders of the Company, Terence Loh and Nelson Loh, who are controlling shareholders of the Company through Dorr Global Healthcare International Pte. Ltd.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Aug 2016 to Present
Managing Director / Executive Director / Head of Central Shared Services & Business Development
NOVU Medical Aesthetic Clinic, Bellagraph Nova Group

Jan 2013 to Jul 2016
Associate Director, Marketing & Business Development, PPP Laser Clinic, Bellagraph Nova Group

Mar 2011 to Dec 2012
Senior Planner, Global Solutions / Media Executive, Global Solutions, Wavemaker (F.K.A MEC Global), Group M, WPP 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)
None
Present
Aura Xperience Pte. Ltd.
Novena Life Sciences Pte. Ltd.
Giron Pte. Ltd.
NOVU Fasthetics Pte. 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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The director will be attending training on the roles and responsibility of a director of a listed issuer as prescribed by the Exchange to meet the Mandatory Training requirements under Rule 406(3)(a) of the SGX-ST Listing Manual Section B: Rules of Catalist.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable.