Change - Announcement of Appointment::Appointment of Financial Controller

Issuer & Securities

Issuer/ Manager
SITRA HOLDINGS (INTERNATIONAL) LIMITED
Securities
SITRA HOLDINGS (INTL) LIMITED - SG1V70937494 - 5LE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Apr-2020 21:12:33
Status
New
Announcement Sub Title
Appointment of Financial Controller
Announcement Reference
SG200427OTHROVWJ
Submitted By (Co./ Ind. Name)
Joanna Lim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Wong Kuan Kit, Keith as the Financial Controller of the Company.

This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.

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

The details of the contact person for the Sponsor are:
Name: Mr. Leong Weng Tuck, Registered Professional
Address: 9 Raffles Place, #29-01, Republic Plaza Tower 1, Singapore 048619
Tel: (65) 6381 6966

Additional Details

Date Of Appointment
01/06/2020
Name Of Person
Wong Kuan Kit, Keith
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company, having considered the recommendation by the Nominating Committee, reviewed Mr. Wong Kuan Kit, Keith ("Mr. Wong")'s qualifications and working experience, is satisfied that Mr Wong possesses the requisite knowledge and capability to assume the role of the Financial Controller and approved the appointment of Mr Wong as the Financial Controller of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr. Wong will be responsible for the Group's financial and accounting management, internal controls, risk management, regulatory compliance and reporting.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Professional qualifications
BA (Hons) Accounting and Finance - 1994 University of LEEDS UK
MBA (Finance) 1996 Leeds University Management School UK
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
XMI Pte Ltd, Consultant & COO
December 2015 to Present

Infinio Group Limited (NKA) Rich Capital Holdings Ltd
December 2007-September 2010, Executive Director
November 2011-April 2014 Non-Executive Director/ Consultant
April 2014-July 2015 Executive Director Finance and Operations

Berlian Ferries Pte Ltd, Executive Director
Non-Executive Director (1 April 2014 to 30 December 2014)

Solar Silicon Resources Group Pte Ltd, Chief Operations Officer
September 2010 to September 2011
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
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)
XMI Group Pte Ltd
XMI Stream Pte Ltd
XMI Pte Ltd
Gowild Singapore Pte Ltd
Harlequin Enterprises Pte Ltd
Lusus Lab Pte Ltd
Rich Capital Holdings Ltd
Roomwise Holdings Pte Ltd
NubeTech Pte Ltd
Present
XMI Design & Technologies Pte Ltd
OMGC Beta Pte Ltd
RNet Wireless Pte Ltd
Ncode Pte Ltd
CISG Holdings Pte Ltd
Apex Dynamic Holdings 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?
Yes
If Yes, Please provide full details
Mr. Wong Kuan Kit, Keith had on 17 February 2020 received a Letter of Advice ( Letter ) from the Monetary Authority of Singapore ( MAS ) pursuant to his trading of shares involving no change of beneficial ownership, which may be in contravention of Section 197(1) and/or (2) of the Securities Futures Act.

Notwithstanding the above, the Letter also set out that having considered all the relevant facts and circumstances, the MAS has decided to take no further action in this matter.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr. Wong was previously a Director of Rich Capital Holdings Ltd., a company listed on the Catalist Board.
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 as this is not for appointment as Director.