Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR, CEO AND MEMBER OF THE STRATEGY AND INVESTMENT COMMITTEE

Issuer & Securities

Issuer/ Manager
GMG GLOBAL LTD
Securities
GMG GLOBAL LTD - SG1H27874756 - 5IM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Feb-2015 20:50:32
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR, CEO AND MEMBER OF THE STRATEGY AND INVESTMENT COMMITTEE
Announcement Reference
SG150213OTHRERC5
Submitted By (Co./ Ind. Name)
LU LING LING
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Date Of Appointment
01/03/2015
Name Of Person
LI XUETAO
Age
45
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Li Xuetao was nominated by Sinochem International (Overseas) Pte. Ltd., the substantial shareholder of the Company. Upon the recommendation of the Nominating Committee, which had reviewed the qualifications and experience of Mr Li, the Board of Directors of the Company approved his appointment as the Executive Director and Chief Executive Officer of the Company after due consideration.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for the overall business operations and development of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, Chief Executive Officer and member of the Strategy and Investment 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
January 2013 to current
Vice President of Sinochem International Corp. and General Manager of Trading and Distribution Business Division

15 August 2011 to January 2013
Vice President of Sinochem International Corp., Chairman of Committee of Risk Management and Company's General Counsel

5 September 2008 to 31 July 2011
Executive Director, Chief Operating Officer and Vice President of GMG Global Ltd

30 July 2008 to 5 September 2008
Vice President of Sinochem International Corp. and General Manager of Rubber Business Center of Sinochem International Corp.

12 January 2006 to 30 July 2008
Assistant of CEO of Sinochem International Corp. and General Manager of Rubber Business Center of Sinochem International Corp.

1 January 2004 to 11 January 2006
General Manager - Rubber Business Center of Sinochem International Corp.

1 January 2002 to 31 December 2003
Vice General Manager - Rubber Business Center of Sinochem International Corp.

1 April 2000 to 31 December 2001
General Manager of Synthetic Rubber Dept, Rubber Business Center of Sinochem International Corp.

8 August 1995 to 1 April 2000
Vice General Manager (in charge of management) - Chemiforward Trading Company, a subsidiary of China National Chemicals Import & Export Corporation

2 August 1993 to 8 August 1995
Business Personnel - Tire Section of Sinochem Interrub Company Ltd
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)
-
Present
Vice Chairman of Board of Jiangsu Sinorgchem Technology Co., Ltd
Vice Chairman of Shanxi Yaxin Coal Coking Company Ltd
Director of Sinochem Zhen Jiang Coal Coking Company 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 GMG Global Ltd.