Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
E2-CAPITAL HOLDINGS LIMITED
Securities
E2-CAPITAL HOLDINGS LIMITED - SG1CB5000005 - 42S
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
19-Nov-2015 23:21:28
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG151119OTHR4QBC
Submitted By (Co./ Ind. Name)
Cheng Lisa
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Thomas Lam, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (+65) 6229 8088.

Additional Details

Date Of Appointment
19/11/2015
Name Of Person
San Meng Chee
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Pursuant to the terms of the conditional sale and purchase agreement dated 17 September 2014 (as amended and supplemented by the supplemental sale and purchase agreement dated 6 May 2015 and the further supplemental sale and purchase agreement dated 21 August 2015) entered into between the Company, the Astaka Padu Limited (" APL") Shareholders and the APL Ultimate Shareholders for the sale by the APL Shareholders and the purchase by the Company of the Economic Interest for the Consideration (the "Proposed Acquisition") and shareholders' approval at the Extraordinary General Meeting held on 26 October 2015, Mr San Meng Chee is appointed an Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
No.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, members of the Audit Committee & Nominating Committee and Chairman of the Remuneration Committee.
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
October 2004 to August 2006 - New Toyo International Holdings Ltd - Group Financial Controller
September 2006 to August 2013 - Superior Multi-Packaging Limited - CFO
September 2013 to February 2014 - Trilogy Hospitality Pte Ltd - CFO
May 2014 to October 2014 - Ademco (Far East) Pte Ltd - Finance Director
May 2015 to Present - New Toyo International Holdings Ltd - CFO
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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)
1. Superior Investments Holdings Pte Ltd
2. Hoover Stainless Pte Ltd
3. Kunshan Huade Metal Packaging Container Co., Ltd
4. Superior Precision Moulds & Packaging Container (Shanghai) Co., Ltd
5. Neo Tech Packaging (Shanghai) Co., Ltd
6. Guangzhou Superior Multi-Packaging Co., Ltd
7. Superior Metal Printing (Huiyang) Co., Ltd
8. Superior (Langfang) Multi-Packaging Co., Ltd
9. Langfang Huade Metal Packaging Container Co., Ltd
10. Superior (Tianjin) Multi-Packaging Co., Ltd
11. Superior (Chengdu) Multi Packaging Co., Ltd
12. Zhejiang Gaote Metal Decorating Co., Ltd
13. Superior Cans & Pails Containers (Pune) Pvt. Ltd
Present
1. Great Group Holdings Limited
2. Alliance Innovative Solutions Pte. Ltd.
3. Singapore Pacific Investments Pte. Ltd.
4. New Toyo Lamination (M) Pte. Ltd.
5. Tien Wah Holdings (1990) Sdn. Bhd.
(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 a listed company?
Yes
If Yes, Please provide details of prior experience
Independent Director of Great Group Holdings Ltd