Change - Announcement of Appointment::Redesignation of Deputy COO to Vice President (Property Development) - Pan Zhaojin

Issuer & Securities

Issuer/ Manager
SOUTHERN PACKAGING GROUP LIMITED
Securities
SOUTHERN PACKAGING GROUP LTD - SG1CG0000009 - BQP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-Oct-2019 17:43:26
Status
New
Announcement Sub Title
Redesignation of Deputy COO to Vice President (Property Development) - Pan Zhaojin
Announcement Reference
SG191014OTHR54R1
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Redesignation of Deputy Chief Operating Officer to Vice President (Property Development) - Pan Zhaojin

Additional Details

Date Of Appointment
14/10/2019
Name Of Person
Pan Zhaojin
Age
37
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Organisational restructuring. The proposal for redesignation of Mr Pan Zhaojin ("Mr Pan"), Deputy Chief Operating Officer as Vice President (Property Development) was recommended by Management and approved by the Nominating Committee and the Board.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Pan will be responsible for overseeing and responsible for the property development activities of the Group's property investment.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Vice President (Property Development)
Professional qualifications
IMBA degree from Sun Yat Sen University
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
Mr Pan is the substantial shareholder of the Company. He is son of Mr Pan Shun Ming (Executive Chairman and Chief Executive Officer, and substantial shareholder of the Company) and Madam Mai Shuying (Chief Financial Officer and substantial shareholder of the Company).
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Mr Pan joined the Group in 2007 as the Chief Executive Officer's assistant and was promoted as Vice General Manager in 2009. He was Executive Director of the Company until February 2017. Upon his resignation as Director, he was appointed as Deputy Chief Operating Officer of the Company responsible for marketing and business development for the Group's packaging business.
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
He holds 816,000 shares in the Company and has deemed interest in 45,309,962 shares held by his parents, Mr Pan Shun Ming and Madam Mai Shuying.
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Southern Packaging Group Limited
Present
Foshan Energetic Film Co., Ltd
Striving Asset Management Co., Ltd
Foshan Jia Xun Real Estate Co., Ltd
Foshan Jia Bang Real Estate Co., Ltd
Thrive United Holdings Ltd
Cappella Holding Pte Limited
Foshan Jia Yu Corporate Advisory Co., Ltd
Unibott Technology Incorporation
Foshan Jia Bei Le Property Management Co., Ltd
GuangDong Donald Food Co., Ltd
GuangDong Xinghua Health Drinks Co., Ltd
Naihai 4 Pte. Ltd
Shan Shine Asset Management Co., Ltd
Stable Growth Investment Co., Ltd
Foshan Shan Shine Corporate Advisory Co., Ltd
Foshan Ying Feng Real Estate Co., Ltd
Southern Packaging (Jiangsu) Co., 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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
This section is only applicable to appointment of Director
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