Change - Announcement of Appointment::APPOINTMENT OF A RELATIVE OF DIRECTORS, CEO & SUBSTANTIAL SHAREHOLDERS AS DIRECTOR OF A SUBSIDIARY.

Issuer & Securities

Issuer/ Manager
KHONG GUAN LIMITED
Securities
KHONG GUAN LIMITED - SG1E13001268 - K03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Sep-2024 18:34:56
Status
New
Announcement Sub Title
APPOINTMENT OF A RELATIVE OF DIRECTORS, CEO & SUBSTANTIAL SHAREHOLDERS AS DIRECTOR OF A SUBSIDIARY.
Announcement Reference
SG240925OTHR2S5U
Submitted By (Co./ Ind. Name)
Chew Kian Boon Daniel
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment as Managing Director of Swee Hin Chan Co Sdn Bhd & Chairman of Tong Guan Food Products Sdn Bhd, subsidiaries of the Company.

Additional Details

Date Of Appointment
01/08/2024
Name Of Person
Chew Kah Chuan
Age
74
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The following appointments of Mr Chew Kah Chuan have been approved by the Board of Directors of the respective subsidiaries and the Company's Board has assessed the experience and credentials of Mr. Chew Kah Chuan and is of the view that he can contribute significantly to the growth of the subsidiaries:

(a) as Managing Director of Swee Hin Chan Co Sdn Bhd ; and
(b) as Chairman of Tong Guan Food Products Sdn Bhd
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr. Chew Kah Chuan will be responsible for setting the overall corporate strategy, planning and business development of both subsidiaries.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
(a) Managing Director of Swee Hin Chan Co Sdn Bhd
(b) Chairman of Tong Guan Foods Products Sdn Bhd
Professional qualifications
Bachelor of Engineering (Mechnaical), University of Western Australia
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
Yes. Mr Chew Kah Chuan is the cousin brother of Mr Chew Soo Lin, the Company's Board Chairman and the uncle of Mr Chew Kian Boon Daniel, Executive Director.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Chew Kah Chuan ovesees Singapore, Malaysia and China biscuit manufacturing operations, corporate strategy, and business development with over 45 years of experience enhancing operational efficiency, and implementing innovative strategies that align with organizational goals.
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
43,200 shares in Khong Guan Limited
# 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)
NIL
Present
1. Chairman of Khong Guan Biscuit Factory (S) Pte. Ltd.
2. Chairman of Khong Guan Group Pte. Ltd.
3. Managing Director of Khong Guan Enterprises Sdn Bhd
4. Director of Khong Guan Development Pte Ltd
5. Director of Kah Hong 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
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not applicable
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