Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
JUMBO GROUP LIMITED
Securities
JUMBO GROUP LIMITED - SG1CA7000005 - 42R
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-May-2017 19:20:09
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG170512OTHR7JWT
Submitted By (Co./ Ind. Name)
Tan Cher Liang
Designation
Independent Chairman
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, United Overseas Bank Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The 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 contact person for the Sponsor is Mr. Chia Beng Kwan, Senior Director, Equity Capital Markets, who can be contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898.

Additional Details

Date Of Appointment
12/05/2017
Name Of Person
Ron Sim Chye Hock
Age
58
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The nominating committee ("NC") has assessed Mr. Sim's qualifications and experience. Upon the recommendations by the NC, the board of directors ("Board") of the Company is of the view that the appointment of Mr. Sim will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
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
Founder, Chairman and CEO of Osim International Pte Ltd
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
Mr. Sim holds 64,166,600 shares in the Company, representing approximately 10.0% of the total number of shares in 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)
OSDC Investment Pte Ltd
Foodplex Trading Pte Ltd
Nutri-Active Pte Ltd
Reborne Pte Ltd
Perennial (Capitol) Pte Ltd
Perennial Tongzhou Holdings Pte Ltd
Perennial Tongzhou Development Pte Ltd
Perennial Xi'an Development Holding 2 Pte Ltd
New Capitol Pte Ltd
Perennial Somerset Investors Pte Ltd
Present
Osim International Pte Ltd
ODC Logistics (S) Pte Ltd
ONI Global (Trading) Pte Ltd
ONI Global Pte Ltd
TWG Tea Company Pte Ltd
Perennial Real Estate Holdings Limited
EQ Capital Pte Ltd
Paris Investment Pte Ltd
TWG Tea (North Asia) Pte Ltd
OSIM Services Pte Ltd
Spheria Pte Ltd
TWG Tea Institute Pte Ltd
Roval Holding Pte Ltd
V3 Group Pte Ltd
Blue Moon Pte Ltd
OSIM (HK) Company Limited
OSIM (M) Sdn Bhd
OSIM (Taiwan) Co Ltd
OSIM (China) Co Ltd
OSIM International Trading (Shanghai) Co Ltd
OSIM (Thai) Company Limited
Daito-OSIM (Thailand) Co Ltd
DT-OSIM Healthcare Appliances (Suzhou) Co Ltd
Daito-Healthcare Appliances (Taicang) Co Ltd
Suzhou Daitec Exercising Machine Co Ltd
Laboratories Du Palais Royal
The Wellbeing Group (HK) Company Limited
TWG Tea (Macau) Company Limited
TWG Tea (Taiwan) Company Limited
ONI Global (Taiwan) Co Ltd
LAC Co, Ltd
LAC (Shanghai) Co, Ltd
Richlife (Beijing) Co, Ltd
Richlife (Guangzhou) Co, Ltd
V3 Group Limited
Vision Three Limited
(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
Osim International Pte Ltd (listed on the Mainboard of the SGX-ST from 2000 to 2016)
Perennial Real Estate Holdings Limited (listed on the Mainboard of the SGX-ST from 2014 to date)