Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager: VASHION GROUP LTD.
Securities: VASHION GROUP LTD. - SG1K20894269 - 5BA
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Appointment
Date &Time of Broadcast: 23-Nov-2015 20:16:36
Status: New
Announcement Sub Title: APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference: SG151123OTHR685C
Submitted By (Co./ Ind. Name): Foo Soon Soo
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Asian Corporate Advisors Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that there are no reasons for the resignation other than those stated in this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange 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 Liau H.K.
Telephone number: 6221 0271

Additional Details

Date Of Appointment: 23/11/2015
Name Of Person: CHRISTIAN KWOK-LEUN YAU HEILESEN
Age: 31
Country Of Principal Residence: Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process): The Board with the concurrence of the Nominating Committee has assessed and approved of the appointment of Mr Christian Kwok-Leun Yau Heilesen as the Board is of the view that Mr Christian Kwok-Leun Yau Heilesen has the relevant qualifications and the experience to fulfill the job of executive director at Vashion Group Ltd.
Whether appointment is executive, and if so, the area of responsibility: Executive. Mr Christian Kwok-Leun Yau Heilesen will assume the executive role of the former executive directors, Mr Tansri Saridju Benui and Mr Khoo Yick Wai. Responsible for (a) developing and managing the business development strategies and establishing new business opportunities for growth and expansion, and (b) the day-to-day management of the Company and the Group's affair
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries: Mr Christian Kwok-Leun Yau Heilesen is the sole shareholder of Mission Well Limited since 19 November 2015
Conflict of interests (including any competing business): No
Working experience and occupation(s) during the past 10 years: 2003 - 2012, Funmobile Limited - CEO
2012 - current, Primeworth (M) Sdn Bhd - Director
2011-2014, GPRO Technologies Berhad - Executive Director
Shareholding interest in the listed issuer and its subsidiaries?: Yes
Shareholding Details: Mr Christian Kwok-Leun Yau Heilesen holds 100% interest in Mission Well Limited as such he is deemed interested in 500,000,000 ordinary shares in 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): Funmobile Limited
Funzy Limited
Nice Prosper Limited
FMB Holdings Limited
Eprizes.com Limited
iLovemove.com Limited
Teameprizes.com Limited
Family First HK Limited
Funmobile International Limited
Funmobile Holdings Limited
Hofa Limited
Screensaver Media Limited
Industrial Electronics Pte Ltd
GPRO Technologies Berhad
Present: CKLY Singapore Pte Ltd
Good Shine Management Limited
CKLY Trading Limited
Greater Hero Limited
Fund Joy Limited
Funmobile 8383 Limited
TE Digital Limited
Industroncis (HK) Limited
MW Trade KK
Primeworth (M) Sdn Bhd
Ademco (Malaysia) Sdn Bhd
Sukitronics Sdn Bhd
Call Center Direct Sdn Bhd
Realgamer MSC Sdn Bhd
Inficorp Revenue Sdn Bhd
First Podium Sdn Bhd
Worldwide Cosmetic Retails Sdn Bhd
Maxbeauty Cosmetics Sdn Bhd
Mission Well 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?: Yes
If Yes, Please provide details of prior experience: Mr Christian Kwok-Leun Yau Heilesen was appointed as an Independent Non-Executive Director of Industronics Berhad, listed on main market of the Bursa Malaysia Securities Berhad from April 2013 to June 2013. Mr Christian Kwok-Leun Yau Heilesen was appointed as an Executive Director of GPRO Technologies Berhad, listed on ACE Market of the Bursa Malaysia Securities Berhad from October 2011 to February 2014.
Company will arrange for further relevant training for Mr Christian Kwok-Leun Yau Heilesen

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