Change - Announcement of Appointment::Appointment of Independent Non-executive Director

Issuer & Securities

Issuer/ Manager
MEDINEX LIMITED
Securities
MEDINEX LIMITED - SGXE82839874 - OTX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Sep-2020 18:16:20
Status
New
Announcement Sub Title
Appointment of Independent Non-executive Director
Announcement Reference
SG200901OTHR0ZSI
Submitted By (Co./ Ind. Name)
Jessie Low Mui Choo
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Medinex Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 7 December 2018. The initial public offering of the Company was sponsored by Novus Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and reviewed by the Sponsor, in compliance with Rule 226(2)(b) of the 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, at 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.

Additional Details

Date Of Appointment
01/09/2020
Name Of Person
Ye Binlin
Age
53
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 Mr. Ye Binlin, is of the view that he has the requisite experience and capabilities to assume the duties and responsibilities as the Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-executive Director
Chairman of the Nominating Committee
Member of the Audit Committee
Member of the Remuneration Committee
Professional qualifications
Certificate of courses completion, Peking University, 1997

Bachelor's degree in economics, Shanghai Maritime University (formerly known as Shanghai Maritime College), 1988

Ordinary Member, Singapore Institute of Directors

Committee Member, Shanghai Maritime University Alumni Club (Singapore)
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
August 2001 to October 2012
COSCO Corporation (Singapore) Ltd., Finance Director/Chief Financial Officer

October 2012 to July 2014
COSCO Group Xiamen Ocean Shipping Company, Chief accountant

December 2014 to July 2015
Bilsea Int'l Holdings Pte Ltd, Deputy General Manager

November 2015 to April 2016
Zhoushan Nanyang Star Shipbuilding Co., Ltd (Group), Financial controller

May 2016 to September 2016
Singa Star Pte. Ltd., Consultant

July 2016 to Present
CPA Partnership Pte. Ltd., Consultant

September 2016 to Present
Kinetica Pte. Ltd., Consultant

January 2017 to April 2018
AnAn International Limited (formerly known as CEFC International Limited), Executive Director and Chief Financial Officer

December 2018 to June 2019
Benchmark Group Pte. Ltd., Senior Advisor

July 2019 to Present
Oceanis Shipping Pte. Ltd., Executive Director
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. Ye Binlin holds 25,000 shares or approximately 0.019% shareholding interests in the Company, which is held under DBS Nominees Pte. Ltd.
# 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)
AnAn International Limited (formerly known as CEFC International Limited)

Shanghai Dajiang Shenyuan Equity Investment Fund Management Co. Ltd.

Singapore AnAn Petrochemical & Energy Pte. Ltd. (formerly known as Singapore CEFC Petrochemical & Energy Pte. Ltd.)

Guiyuan Culture Pte. Ltd.

Coastal Corporation Limited
Present
Sunway Holdings Pte. Ltd.

Oceanis Shipping 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?
Yes
If Yes, Please provide details of prior experience
Mr. Ye Binlin was previously the Executive Director of AnAn International Limited (formerly known as CEFC International Limited) from August 2017 to April 2018, a company listed on the Mainboard of SGX-ST.
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