Change - Announcement of Appointment::Appointment of Director and Legal Representative of the Group's subsidiaries

Issuer & Securities

Issuer/ Manager
CHINA YUANBANG PROP HLDGS LTD
Securities
CHINA YUANBANG PROP HLDGS LTD - BMG2159Z2094 - BCD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
17-Apr-2020 17:16:37
Status
New
Announcement Sub Title
Appointment of Director and Legal Representative of the Group's subsidiaries
Announcement Reference
SG200417OTHRYNKN
Submitted By (Co./ Ind. Name)
Huang Tak Wai
Designation
Chief Financial Officer / Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Director and Legal Representative of the Group's subsidiaries.

Additional Details

Date Of Appointment
17/04/2020
Name Of Person
Chen Jianfeng
Age
57
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
This announcement is made pursuant to listing rule 704(9).

Please refer to the attached on Board's Comments on the appointment.
Whether appointment is executive, and if so, the area of responsibility
Executive duties in three of the Group's subsidiaries.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Legal Representative of the Group's subsidiaries.

Please refer to the attached.
Professional qualifications
Master Degree in Business Administration from Royal Roads University
Graduate certificate in Management Philosophy from Beijing 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
Spouse of Mdm Lin Yeju
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Mr. Chen Jianfeng ("Mr Chen") is the founder of China Yuanbang Property Holdings Limited and he was appointed as a Director and the Chairman of the Board on 20 December 2006 and stepped down from the Group on 23 January 2015 . Mr. Chen has more than 20 years of experience in the real estate development industry.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest : 32,040,000 shares in the Company
Deemed Interest : 3,786,700 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)
Not applicable
Present
Not applicable
(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?
Yes
If Yes, Please provide full details
Mr Chen and his company Guangdong Hongda Construction and Installation Co., Ltd. were found guilty by Guangzhou Baiyun District Court on 23 Sep 2015 of providing monetary favors totaling RMB850,000 to certain then-employees of China Southern Airlines Co Ltd between 2001 to 2006 when Guangdong Hongda Construction and Installation Co., Ltd. was contracted to construct Guangzhou Baiyun Airport's administration block. Guangdong Hongda Construction and Installation Co., Ltd. was fined RMB350,000 and Mr Chen was incarcerated for 9 months till 10 Oct 2015.
(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
Yes
If Yes, Please provide full details
Please refer to item d above for full details.
(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
Yes
If Yes, Please provide full details
Please refer to item d above for full details.
(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?
Yes
If Yes, Please provide full details
Please refer to item d above for full details.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Not applicable

Attachments

CYB- Board Comments on Appointment of Director and Legal Representative.pdf
Total size =14K