Change - Announcement of Appointment::Appointment of New Directors and Changes of the Composition of the Board and Board Committees

Issuer & Securities

Issuer/ Manager
CHINA FIBRETECH LTD.
Securities
CHINA FIBRETECH LTD. - BMG215452001 - AXL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Oct-2017 17:27:07
Status
New
Announcement Sub Title
Appointment of New Directors and Changes of the Composition of the Board and Board Committees
Announcement Reference
SG171005OTHRRG64
Submitted By (Co./ Ind. Name)
Wu Xinhua
Designation
Executive Director
Effective Date and Time of the event
05/10/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
A. APPOINTMENT OF NON EXECUTIVE INDEPENDENT DIRECTOR

Additional Details

Date Of Appointment
05/10/2017
Name Of Person
LEOW YONG KIN
Age
46
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The appointment of Mr. Leow Yong Kin as Independent Director was duly reviewed by the Company's Board of Director ( the Board).

The Board is of the view that Mr.Leow Yong Kin qualification and working experience will enhance the core competencies of the Board. The Board has approved Mr.Leow Yong Kin appointment as Non Executive Independent Director.
Whether appointment is executive, and if so, the area of responsibility
Non Executive Independent Director.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director. Chairman of Audit Committee, member of Nominating and Remuneration Committee.
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
July 2015- Mar 2017 China Great Land Ltd - Chief Financial Officer
Dec 2014- Jun 2015 China Great Land Ltd - Consultant
Feb 2012- Nov 2014 China Great Land Ltd - Financial Controller

Jan 2009 - May 2011 Five Stars Tours Pte Ltd - Senior Accounts Manager

Apr 2008 - Dec 2008 Suoli China International Ltd - Financial Controller

Oct 2007 - Apr 2008 Neptune Orient Lines Ltd - Contract Payroll Manager
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
Other Directorships
# 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)
1. China Taisan Technology Group Holdings Ltd
2. Foreland Fabritech Holdings Ltd
Present
1. China Sports International Ltd
2. AccountsPro Consulting Services 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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
1. China Sports International Ltd
2. China Taisan Technology Group Holdings Ltd
3. Foreland Fabritech Ltd

Attachments

CHANGES TO THE BOARD AND BOARD COMMITTEES.pdf
Total size =210K