Change - Announcement of Appointment::Announcement of Appointment of Operations Director

Issuer & Securities

Issuer/ Manager
SAPPHIRE CORPORATION LIMITED
Securities
SAPPHIRE CORPORATION LIMITED - SG1CG4000005 - BRD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Dec-2023 17:21:46
Status
New
Announcement Sub Title
Announcement of Appointment of Operations Director
Announcement Reference
SG231229OTHRV7UV
Submitted By (Co./ Ind. Name)
Wang Heng
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Operations Director

Additional Details

Date Of Appointment
29/12/2023
Name Of Person
ZHANG CHI
Age
37
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors, having considered the recommendation of the management and having considered the qualifications, working experience and suitability of Ms Zhang Chi ("Ms Zhang"), concurs with management's view that Ms Zhang has the requisite experience and capabilities to assume the responsibilities as Operations Director of the Company.

Accordingly, the Board has approved the appointment of Ms Zhang as Operations Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Appointment: Executive, Managerial Position as defined by Mainboard Listing Rules

Area of responsibility:

Oversee operations of Company's business in China. Develop and implement strategic plans for the Company's operations aligning with the overall organizational goals. Identify and pursue new business opportunities in Singapore and South-East Asia.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Operations Director
Professional qualifications
MBA, University of Cambridge, Judge Business School, UK

Master of Education in International Education Policy and Management, Vanderbilt University, Peabody College, USA

Bachelor of Science in Human and Organizational Development, Vanderbilt University, Peabody College, USA
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
The appointment of Ms Zhang is an appointment of a person who is a relative to a director of the Company to a managerial position in the Company. Please refer to the following details:

Ms Zhang is the daughter of Company's Executive Chairman Mr Cheung Wai Suen.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Jan 2018 - April 2023
Strategic Development Manager, APAC
Cambridge Assessment English, University of Cambridge

July 2016 - July 2017
China Manager
Judge Business Academy

April 2014 - May 2015
Manager, Overseas Division
Ranken Railway Construction Group Co., Ltd.

Jan 2011 - Mar 2014
Senior Teacher
Elite English
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
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)
Not applicable for appointment pursuant to Listing Rule 704 (9)
Present
Not applicable for appointment pursuant to Listing Rule 704 (9)
(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
N.A.
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)
N.A.