Change - Announcement of Appointment::Appointment of Mr Li Mingyang as Executive Director

Issuer & Securities

Issuer/ Manager
GREEN BUILD TECHNOLOGY LIMITED
Securities
GREEN BUILD TECHNOLOGY LIMITED - SG1Q40922128 - Y06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Mar-2016 17:37:40
Status
New
Announcement Sub Title
Appointment of Mr Li Mingyang as Executive Director
Announcement Reference
SG160301OTHRUOV0
Submitted By (Co./ Ind. Name)
Lim Kok Meng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to below details.

Additional Details

Date Of Appointment
01/03/2016
Name Of Person
Li Mingyang
Age
50
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee (the "NC') formally assessed the appointment of Mr Li Mingyang as an executive director of the Company. The NC took into account Mr Li's qualifications and business experience in the People's Republic of China (the "PRC"), as well as Mr Li's wide business contacts cultivated from his time at Harbin Tianen Industries Co., Limited, and recommended his appointment.

The Board of Directors, with the recommendation of the NC, is of the view that the Company will be able to leverage on Mr Li's aforementioned business contacts, and that the appointment of Mr Li as an Executive Director will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Li will be appointed as the Chief Business Development Officer of the Company, and will be responsible for development of the Group's business in the green technology sector, for projects of the Group, and will be also advising the Executive Chairman of the Company (Mr Zhao Lizhi has been re-designated as the Executive Chairman of the Company with effect from 1 March 2016) on the existing business of the Group).
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
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
February 2010 - Present, Chief of Business Development of Harbin Tianen Industries Co., Limited
January 2005 - January 2010, Business Development Manager of Harbin Tianen Industries Co., Limited
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 45,000,000 shares in the capital of 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)
Nil
Present
Nil
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Mr Li will be briefed on the duties, responsibilities and liabilities of directors of companies in Singapore, as well as the business operations and regulatory issues relating to the Group to ensure that he is familiar with the Group's business and governance practices. Furthermore, the Company will also encourage Mr Li to participate in seminars and receive training to improve himself in the discharge of his duties as an Executive Director of the Company.