Change - Announcement of Appointment::Appointment of Executive Director - Shi Minyuan

Issuer & Securities

Issuer/ Manager
ABUNDANCE INTERNATIONAL LIMITED
Securities
ABUNDANCE INTERNATIONAL LTD - SG1I02877971 - 541
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Nov-2024 20:21:42
Status
New
Announcement Sub Title
Appointment of Executive Director - Shi Minyuan
Announcement Reference
SG241104OTHRRTNI
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318. Email: sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
04/11/2024
Name Of Person
Shi Minyuan
Age
37
Country Of Principal Residence
Australia
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nominating Committee ("NC") and the Board of Directors (the "Board"), having considered the qualifications, experiences and suitability of Ms Shi Minyuan ("Ms. Shi"), are satisfied that Ms. Shi possesses the requisite qualifications and experiences to be appointed as Executive Director. On recommendation by the NC, the board approved the appointment of Ms. Shi as Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Shi Minyuan's appointment is executive. She is responsible for the overall business operations and management of the Group's business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
Bachelor of Accounting and Economics, University of Sydney
Certified Public Accountant (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
Shi Minyuan's father, Shi Jiangang, acts as Business Advisor to the Company currently.
Conflict of interests (including any competing business)
No.
Working experience and occupation(s) during the past 10 years
2024 - Current: M Cubes Projects Pty Ltd, Non-Executive Director and Company Secretary

2024 - Current: Sami Projects Pty Ltd, Non-Executive Director and Company Secretary

2023 - Current: Ysy Beauty Pty Ltd, Company Secretary

2019 - Current: Sami Beauty and Wellness Pty Ltd, Non-Executive Director and Company Secretary

2019 - Current: Gymbo Australia Holdings Pty Ltd, Company Secretary

2018 - Current: Wayen Pty Ltd, Non-Executive Director

2018 - Current: Feixiang Group of Companies, Understudy to the President as part of succession planning

2017 - Current: Pearl Oasis Investment Limited, Non-Executive Director

2016 - Current: Prime Master Investment Limited (Seychelles), Non-Executive Director

2015 - Current: Bridgehill Group, Group Accountant and Chief Project Manager

2013 - 2014: KPMG Shanghai, Auditor
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?
Yes
Shareholding Details
476,811,412 shares (37.20%)
# 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) M Cubes Projects Pty Ltd, Non-Executive Director
2) Sami Projects Pty Ltd, Non-Executive Director
3) Sami Beauty and Wellness Pty Ltd., Non-Executive Director
4) Feixiang Group of Companies, Understudy to the President as part of succession planning
5) Wayen Pty Ltd, Non-Executive Director
6) Pearl Oasis Investment Limited, Non-Executive Director
7) Prime Master Investment Limited (Seychelles), Non-Executive Director
8) Bridgehill Group, Group Accountant and Chief Project Manager
(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
Shi Minyuan will be attending the training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange in compliance with Practice Note 4D of the Catalist Rules.
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.