Change - Announcement of Appointment::Appointment of Non-Executive Chairman

Issuer & Securities

Issuer/ Manager
HALCYON AGRI CORPORATION LIMITED
Securities
HALCYON AGRI CORPORATION LTD - SG2F48989824 - 5VJ
HALCYONAGRI S$125M6.5%N190731 - SG6SC1000002 - 13QB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
11-Jan-2017 17:09:00
Status
New
Announcement Sub Title
Appointment of Non-Executive Chairman
Announcement Reference
SG170111OTHRKJK6
Submitted By (Co./ Ind. Name)
Pascal Demierre
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Liu Hongsheng as Non-Executive Chairman with effect from 16 January 2017.

Additional Details

Date Of Appointment
16/01/2017
Name Of Person
LIU HONGSHENG
Age
51
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The appointment of Mr Liu was proposed by the Company's holding company, Sinochem International (Overseas) Pte. Ltd. ("SIO").

Nominating Committee had reviewed and considered the nomination by SIO, composition of the Board as well as the professional expertise, experience and suitability of Mr Liu for the appointment as Non-Executive Chairman.

The Board, after reviewed the recommendation from the Nominating Committee, approved the appointment of Mr Liu as a Director of the Company and hold the office of Non-Executive Chairman.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Mr Liu Hongsheng has been with Sinochem International Corporation, Ltd. ("Sinochem"), a company listed on the Shanghai Stock Exchange for more than 10 years. His current position and roles with Sinochem during the past 10 years are as follows:

December 2016 to Present - President

June 2012 to December 2016 - Senior Vice President

April 2012 to June 2012 - General Manager of Logistics Business Unit

December 2006 to April 2012 - Deputy General Manager of Logistics Business Unit
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
# 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)
(i) Sinochem Xingzhong Oil Staging (Zhoushan) Co., Ltd.

(ii) Sinochem Intertrans (Guangdong) Co., Ltd.

(iii) Sinochem Intertrans (Chongqing) Co., Ltd.
Present
(i) Executive Director, Sinochem International Corporation Co., Ltd.

(ii) Non-Executive Director, Jiangsu Yangnong Chemical Group Co., Ltd.

(iii) Non-Executive Director, Sinorgchem Technology Co., Ltd.

(iv) Non-Executive Director, Sinochem International Logistics Co., Ltd.

(v) Non-Executive Director, Sinochem Shipping (Shanghai) Co., Ltd.

(vi) Non-Executive Director, Newport Tank Containers, LLC

(vii) Non-Executive Director, Newport China Tank Containers Co., Ltd.

(viii) Non-Executive Director, Stoltchem Ship Management (Shanghai) Co., Ltd.

(ix) Non-Executive Director, Shanghai SAFE-Transport Chemical Logistics Co., Ltd.

(x) Non-Executive Director, Sinochem International FZE

(xi) Non-Executive Director, Sinochem Isotank FZE

(xii) Non-Executive Director, Sinochem Intertrans Co., Ltd.

(xiii) Non-Executive Director, Lianyungang Port International Petrochemical Storage Co., Ltd.

(xiv) Non-Executive Director, Lianyungang Port International Petrochemical Co., Ltd.

(xv) Non-Executive Director, Qingdao Ganghua Logistics 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
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
Executive Director of Sinochem International Corporation Co., Ltd., a company listed on the Shanghai Stock Exchange