Change - Announcement of Appointment::Appointment of Executive Director and Chief Financial Officer

Issuer & Securities

Issuer/ Manager
8TELECOM INTL HOLDINGS CO LTD
Securities
8TELECOM INTL HOLDINGS CO LTD - BMG3087Y2074 - AZG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Jul-2016 17:53:59
Status
New
Announcement Sub Title
Appointment of Executive Director and Chief Financial Officer
Announcement Reference
SG160725OTHR4SUM
Submitted By (Co./ Ind. Name)
Ye Tianyun
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Hoi Yan Joseph Tang ("Mr. Tang") as Executive Director and Chief Financial Officer ("CFO") of the Company

Additional Details

Date Of Appointment
25/07/2016
Name Of Person
Hoi Yan Joseph Tang
Age
32
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Upon recommendation of Nominating Committee, the Board after having reviewed Mr Tang's qualifications and working experience and other relevant factors, approved appointment of Mr Tang as an Executive Director and Chief Financial Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. As an Executive Director, he is responsible for carrying out the strategies and policies as established by the Board and for the overall management and development of the Group.

As a CFO, he is responsible for all the Group's financial and corporate functions, including corporate finance, financial reporting, treasury management, taxation and compliance.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Financial 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
Mr Tang is a Certified Public Accountant of Hong Kong Institute of Certified Public Accountants and has many years of corporate finance, strategy consulting and direct investment experience in various sectors.

His working experience is as follows:

Present
Director, Investment Management of Omnistellar Group

2014 - 2015
Director & General Manager, Oldtown Resources Limited

2011 - 2014
Vice President of CITIC Carbon Assets Management Limited (focusing on investments in environmental sustainability sectors and frontier markets)

2010 - 2010
- Siemens AG and Nalco (help formulate their business strategies in China)
- Macquarie Capital Advisors (advise clients on IPOs and cross boarder merger and acquisitions across various sectors such as telecoms, media and technology, consumer goods, food and beverages, infrastructure and logistics)

2005 - 2008
KPMG
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
Oldtown Resources Limited
BAC Holdings Limited
Pegasus Media Capital Limited
Smarkco Company Limited
Star Progress Investment Limited
(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
Mr Tang will undertake the relevant courses organized by Singapore Institute of Directors